Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Carla St. Louis

Musk Jumps Into Treasury Secretary Fray, Pushes Disrupter Howard Lutnick

Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and Co-Chair of the Trump 2024 Transition Team speaks at a rally for former US President and Republican presidential candidate Donald Trump at Madison Square Garden in New York, October 27, 2024. (Credit: ANGELA WEISS/AFP via Getty Images)

Elon Musk is now throwing his weight around with President-elect Donald Trump and allies to get Howard Lutnick, chief executive officer of Cantor Fitzgerald, to be appointed Treasury secretary because he'll shake things up, argued the tech billionaire.

Currently viewed frontrunner for the position is Scott Bessent, the founder of capital management firm Key Square, whom Musk denigrated as a "business as usual" type in a post on X. "Business as usual is driving America bankrupt, so we need change," he added.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.