Elon Musk endorses Howard Lutnick for U.S. Treasury Secretary as Trump considers cabinet picks

Elon Musk has publicly endorsed Howard Lutnick for U.S. Treasury Secretary, urging followers on X to support a candidate who will bring real change. Lutnick, a former CEO, is competing against Scott Bessent for the position. Musk criticized Bessent as a "business-as-usual choice" and emphasized the need for new approaches to avoid economic decline. Both Lutnick and Bessent support Trump's trade policies, including tariffs. Musk's involvement in the selection process has raised concerns among some in Trump's circle, with reports suggesting they are unhappy with his influence. Musk is also set to co-chair a new advisory department focused on government efficiency.