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Trump team supports Kevin Warsh as US Treasury Secretary, discussions continue

2024-11-18 16:24

According to BlockBeats, on November 19th, the Trump team supported Kevin Warsh as the US Treasury Secretary, and discussions are still ongoing. (Golden Ten) BlockBeats previously reported that Trump plans to narrow down the list of candidates for the US Treasury Secretary this week and favors appointing someone with a Wall Street background to the position. The list of candidates for Treasury Secretary includes Howard Lutnick, CEO of Jianda Corporation, John Paulson, billionaire hedge fund investor, Scott Bessent, former George Soros fund manager, and Glenn Youngkin, Governor of Virginia and former executive of Carlyle Group. Insiders have revealed that Trump's Wall Street allies have urged him to appoint someone with in-depth knowledge of the financial industry as Treasury Secretary, and the Trump team has stated that they will follow this recommendation. Robert Lighthizer, the US Trade Representative and designer of the comprehensive tariff proposal during Trump's first term, is also one of the candidates for the Treasury Secretary. Sources familiar with the situation say that Lighthizer has already begun developing tariff plans involving China and the European Union, and he may eventually take on a broad position within the White House, responsible for overseeing the entire government's trade policies.

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