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Trump Administration Yet To Decide On Treasury Secretary Appointment

Republican presidential candidate and former U.S. President Donald Trump at his Trump International Golf Club in West Palm Beach

As the Trump Administration continues its search for a Treasury secretary, a source close to the process has revealed that no final decision has been made yet. Howard Lutnick, the transition co-chair and head of Cantor Fitzgerald, has been actively pursuing the role but has not secured it.

Another contender for the position is Scott Bessent, a billionaire hedge-fund manager who has recently shown support for the MAGA movement. The competition between Lutnick and Bessent, along with their respective supporters, has intensified, potentially leading President-elect Donald Trump to consider a compromise candidate.

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