President-elect Donald Trump is set to announce his choice for Treasury Secretary soon, according to sources familiar with the matter. The decision was delayed due to the involvement of Howard Lutnick, co-chair of the transition team, who had entered the race against hedge fund manager Scott Bessent. This led to Trump considering additional candidates such as Sen. Bill Hagerty, former Federal Reserve Governor Kevin Warsh, and billionaire Marc Rowan.
With Lutnick now nominated for Commerce Secretary, the selection process for Treasury Secretary is expected to proceed smoothly. All candidates have undergone interviews with Trump and the transition team. While no final decision has been made yet, there is optimism that the critical position could be filled as early as tomorrow.
