Trump eyes former Fed official for key Treasury position in potential 2025 cabinet

Trump discussed Treasury Secretary role with ex-Fed member Kevin Warsh at his Florida estate. The talks included possible future Fed Chairman position‚ while other high-profile candidates remain in consideration

November 22 2024 , 12:50 PM  •  967 views

Trump eyes former Fed official for key Treasury position in potential 2025 cabinet

Donald Trump met with ex-Federal Reserve Board member Kevin Warsh at his Mar-a-lago estate this wednesday to discuss a unique arrangement: Treasury Secretary position with future Fed Chairman prospects

The former president is looking at several top-tier candidates for his possible 2025 administration. Scott Bessent‚ a well-known hedge-fund pro and ex-Yale teacher could head the National Economic Council; after which he might take Warshʼs Treasury spot

Other big-names are also being looked at for the Treasury job including:

  • Marc Rowan from Apollo Global Management
  • Tennesseeʼs Senator Bill Hagerty
  • Robert Lighthizer‚ Trumps previous trade rep

Sources close to the talks say nothing is set in stone yet - the ex-president might pick someone completely different (its still early in the selection process) While the potential Warsh arrangement shows Trumps interest in experienced financial pros; the final choice remains up-in-the-air