Trump team supports Kevin Warsh as US Treasury Secretary, discussions continue

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Blockbeats
10 hours ago
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On November 19, the Trump team supported Kevin Warsh to serve as the US Treasury Secretary, and the discussion is still ongoing. (Gold Ten)

BlockBeats previously reported that Trump plans to narrow down the list of candidates for the US Treasury Secretary this week and is inclined to appoint someone with a Wall Street background to this position. The list of Treasury Secretary candidates includes Howard Lutnick, CEO of Cantor Fitzgerald, billionaire hedge fund manager John Paulson, former George Soros fund manager Scott Bessent, and Glenn Youngkin, former governor of Virginia and former executive at Carlyle Group.

Sources familiar with the matter revealed that Trump's Wall Street allies have urged him to appoint someone with in-depth knowledge of the financial industry as the Treasury Secretary, and the Trump team has indicated that they will follow this advice. Robert Lighthizer, the US Trade Representative during Trump's first term and the architect of the comprehensive tariff proposal, is also a candidate for the Treasury Secretary position. People familiar with the matter say that Lighthizer has already begun to formulate tariff plans involving China and the European Union, and he may ultimately take on a broad role in the White House, overseeing the government's entire trade policy.

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