Musk Nudges Trump to Select Lutnick for Treasury, Putting Cabinet Selection Into Spotlight

Elon Musk’s growing influence in President-elect Donald Trump’s transition team was on full display on Saturday as he publicly endorsed Howard Lutnick, CEO of Cantor Fitzgerald, for Treasury secretary, thrusting the usually private Cabinet selection process into the social media spotlight. Musk voiced support for Lutnick in a Nov. 16 post on X, framing him as a reformer who could bring much-needed change to Washington. Musk contrasted Lutnick with hedge fund manager Scott Bessent, the other leading contender for the role. “Would be interesting to hear more people weigh in on this for @realDonaldTrump to consider feedback,” Musk wrote, tagging Trump in his post. “My view [for what it’s worth] is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change. Business-as-usual is driving America bankrupt, so we need change one way or another.”...