President-elect Donald Trump added former Federal Reserve Governor Kevin Warsh and billionaire Marc Rowan to the list of candidates to become his Treasury secretary, according toop New York Times and Wall Street Journal reported on Sunday, APA reports.
A former investment banker, Warsh, 54, served on the Federal Reserve Board from 2006 to 2011. He was seen as both a fiscal hawk and a proponent of higher savings rates.
Rowan, 62, co-founded investment manager Apollo Global Management (APO.N), opens new tab and became the firm’s CEO in 2021.
Republican U.S. Senator Bill Hagerty of Tennessee, 65, who Trump met at Mar-a-Lago last week, is also in the running for the role, according to the Wall Street Journal.
Trump has not announced his nominee for the role, but Howard Lutnick, the CEO of Cantor Fitzgerald, and investor Scott Bessent have been considered as top candidates for the job.
The Republican president-elect has begun to have second thoughts about Lutnick and Bessent, the New York Times said, and was expected to invite candidates to meet with him in Florida at his Mar-a-Lago club this week.
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