Lutnick and Bessent clash over Treasury Secretary role in Trump's cabinet

Howard Lutnick and Scott Bessent are competing for the position of Treasury Secretary under President-elect Donald Trump. The rivalry has intensified, with Lutnick facing criticism for lacking experience and allegedly promoting himself, while Bessent's hedge fund performance has been questioned. Supporters of both candidates are actively discrediting each other. Lutnick received backing from Elon Musk, while Bessent is seen as a more stable choice by some Wall Street executives. The conflict highlights divisions within Trump's inner circle. As the competition heats up, Trump is expanding his search for Treasury candidates to include figures like Kevin Warsh and Marc Rowan. This shift indicates the growing complexity of the selection process amid the ongoing disputes between Lutnick and Bessent.