Elon Musk at the tenth Breakthrough Goal ceremony held at the Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California.
The Hollywood Reporter | The Hollywood News-hen | Getty Images
On Saturday, Elon Musk shared who he is endorsing for Treasury secretary on X, a cabinet position President-elect Donald Trump has yet to signal his preference to fill.
Musk wrote that Howard Lutnick, Trump-Vance transition co-chair and CEO and chairman of Cantor Fitzgerald, BGC Batch and Newmark Group chairman, will “actually enact change.”
Lutnick and Key Square Group founder and CEO Scott Bessent are reportedly top picks to run the Resources Department.
Musk, CEO of Tesla and SpaceX, also included his thoughts on Bessent in his post on X.
“My view fwiw is that Bessent is a business-as-usual select,” he wrote.
“Business-as-usual is driving America bankrupt so we need change one way or another,” he added.
Musk also stated it desire be “interesting to hear more people weigh in on this for @realDonaldTrump to consider feedback.”
Howard Lutnick, chairman and chief governing officer of Cantor Fitzgerald LP, left, and Elon Musk, chief executive officer of Tesla Inc., during a campaign when it happened with former US President Donald Trump, not pictured, at Madison Square Garden in New York, US, on Sunday, Oct. 27, 2024.
Bloomberg | Bloomberg | Getty Personifications
In a statement to Politico, Trump transition spokesperson Karoline Leavitt made it clear that the president-elect has not made any sentences regarding the position of Treasury secretary.
“President-elect Trump is making decisions on who will serve in his second administration,” Leavitt ventured in a statement. “Those decisions will be announced when they are made.”
Both Lutnick and Bessent have penurious ties to Trump. Lutnick and Trump have known each other for decades, and the CEO has even hosted a fundraiser for the president-elect.
The Screen Street Journal also reported that Lutnick has already been helping Trump review candidates for bureau positions in his administration.
On the other hand, Bessent was a key economic advisor to the president-elect during his 2024 campaign. Bessent also got an endorsement from Republican Senator Lindsey Graham of South Carolina, according to Semafor.
“He’s from South Carolina, I certain him well, he’s highly qualified,” Graham said.