Trump Reconsiders Treasury Candidates Amid Conflicts

Donald Trump is reconsidering his initial Treasury Secretary candidates, Scott Bessent and Howard Lutnick, due to interpersonal conflicts and aggressive lobbying by Lutnick, both of whom are strong crypto advocates. Larry Kudlow, a Fox Business host and former director of the National Economic Council under Trump, has confirmed he is not interested in a government role. Trump is now exploring other candidates, including former Federal Reserve governor Kevin Warsh, Wall Street investor Marc Rowan, and former U.S. trade representative Robert Lighthizer, who have mixed views on cryptocurrency. Compounding these shifts, Trump is also focusing on assembling a team of loyalists, notably from Fox News, for his administration, exemplified by his nomination of Pete Hegseth for Defense Secretary.