Elon Musk endorses Howard Lutnick for Treasury secretary in X post

cnbc.com November 17, 2024, 12:02 AM UTC

Elon Musk endorsed Howard Lutnick for Treasury secretary on X, highlighting Lutnick's role as Trump-Vance transition co-chair and CEO of Cantor Fitzgerald. Musk believes Lutnick can bring significant change to the position. Musk contrasted Lutnick with Scott Bessent, another potential candidate, calling Bessent a "business-as-usual choice." He expressed concern that such an approach could harm the economy. Musk encouraged more public input for President-elect Trump to consider as he makes his decision on the Treasury secretary position.


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