Quest To Be Trump’s Treasury Pick Heats Up Between Bessent, Lutnick
- Steve Bannon, Ralph Reed back Bessent for cabinet job
- Robert Lighthizer, Jay Clayton also under consideration
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The jockeying for Donald Trump’s Treasury secretary is spilling into public view, as Scott Bessent racks up key endorsements and the president-elect’s transition co-chair Howard Lutnick makes a play for the job himself.
Lutnick’s emergence as a candidate for Treasury came as a surprise to Trump in recent days, according to people familiar with the matter. When the Wall Street executive’s name was presented in a meeting, Trump said that was the first time he’d heard of Lutnick’s interest, they said.