Connect with us

Hi, what are you looking for?

Stock

Trump to interview Warsh, Rowan for Treasury job on Wednesday, Bloomberg News reports

(Reuters) – U.S. President-elect Donald Trump is scheduled to interview former Federal Reserve Governor Kevin Warsh and Apollo Global Management (NYSE:APO) CEO Marc Rowan on Wednesday for the post of Treasury Secretary, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The Financial Times separately reported on Tuesday that Rowan has emerged as a top contender for the Treasury job, citing several people familiar with the matter.

The Trump transition team did not immediately respond to a request for comment, while Apollo declined to comment on the reports.

Trump’s search for a Treasury Secretary was widening after it was stalled over the weekend, and he was looking at other candidates, Reuters reported on Monday, citing two sources.

Billionaire investor John Paulson was originally one lead contender but exited the race last week. Howard Lutnick, who was nominated by Trump on Tuesday to run the U.S. Commerce Department, was also an earlier top contender for the Treasury role.

Scott Bessent, a key economic adviser to Trump, is still seen as a candidate for Treasury Secretary.

The Treasury Secretary role is one of the highest-profile cabinet posts, overseeing the country’s financial and economic policy. As such, it is one of the key roles being watched by global investors and Wall Street.

This post appeared first on investing.com






    You May Also Like

    Editor's Pick

    Sen. JD Vance (R-Ohio) and Minnesota Gov. Tim Walz (D) will face off Tuesday night at a CBS News vice-presidential debate in New York....

    Latest News

    A North Korean defector who escaped to the South more than a decade ago was detained after attempting to cross back into North Korea...

    Economy

    A U.N. human rights group confirmed Hamas’ leader in Lebanon, who was recently killed by Israeli strikes, was their employee.  Fateh Sherif was killed...

    Investing

    Astron (ASX:ATR) and Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) have completed the establishment of a joint venture to advance the Australia-based Donald rare earths and mineral sands...

    Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 balanceandcharge.com