Race For Trump’s Treasury Pick Gets Red Hot
As President-elect Trump continues to shape his administration, one of the most closely watched decisions is who will fill the crucial role of Treasury Secretary. Trump has spent recent days meeting with several potential candidates for the position, but a final decision remains elusive.
Among the leading contenders are Marc Rowan, co-founder of Apollo Global Management; Kevin Warsh, a former member of the Federal Reserve Board of Governors; and Scott Bessent, the founder of Key Square Group. These individuals traveled to Mar-a-Lago in recent days for meetings with Trump and key members of his transition team, including Vice President-elect J.D. Vance and transition co-chairs Scott Lutnick and Linda McMahon. Sources familiar with the transition process have described the situation as “fluid,” with no clear frontrunner emerging at this time.
One Republican source described the race for Treasury Secretary as “a three-way tie,” with all three candidates still in the running. The final decision could come down to which candidate best aligns with Trump’s economic vision, especially regarding his stance on tariffs and his plans to rein in Wall Street. The timing of the pick remains uncertain, as Trump appears to be weighing various factors before making his final choice.
In addition to the Treasury pick, there are other key positions yet to be filled in Trump’s Cabinet. Among the names being floated for Agriculture Secretary is former Senator Kelly Loeffler (R-Ga.), while Rep. Lori Chavez-DeRemer (R-Ore.) is seen as a strong contender for Labor Secretary. Chavez-DeRemer, who recently lost her reelection bid, has earned the backing of labor unions, including the influential Teamsters.
As Trump’s team continues to solidify his Cabinet, the decision for Treasury Secretary remains one of the most significant, and it’s clear that Trump is taking his time to ensure he selects someone who will help him achieve his economic goals. The final choice will likely have a lasting impact on both Trump’s presidency and the direction of the U.S. economy for years to come.
