Connect with us

Hi, what are you looking for?

Economy

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

Investing

Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped...

Investing

Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share...

Investing

The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The...

Investing

NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was...




Disclaimer: Oldamericanbroker.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 Oldamericanbroker.com