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Who's Up for Treasury? Trump's Search and Tariff Talks

USASunday, November 17, 2024

President Trump is on the hunt for a Treasury secretary, and two key candidates are in the spotlight: Scott Bessent and Howard Lutnick. The big question on the table? Support for Trump's tariff plans, which aim to revive manufacturing and create jobs. Bessent was initially the front-runner, known for his clever mind and Wall Street prowess. However, Lutnick has gained some serious ground, notably with the backing of tech visionary Elon Musk. Bessent is facing some heat over past comments on tariffs, which could affect his chances. The role of the Treasury secretary is no small deal; they'll be playing a crucial part in managing and implementing these tariff policies. Apart from these two, Trump has also proposed Matt Gaetz for attorney-general, a move that hasn't been without its share of controversy and objections. Economic policies can be tricky business, and tariffs are no exception. Some experts argue that while they might help certain industries, they could also lead to price hikes and hurt consumers. It's a balancing act that requires careful consideration. So, who will Trump choose for the job, and how will their choices shape the future of the economy?

wall street matt gaetz howard lutnick scott bessent president

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