Trump Drops Potential Treasury Secretary Names

Republican presidential candidate former President Donald Trump speaks at a caucus night rally in Las Vegas, Thursday, Feb. 8, 2024. (AP Photo/Mark J. Terrill)

Two people playing large roles in a fundraiser this week for Donald Trump are being mentioned as potential Treasury Secretary nominees should the former president win another term in the White House.

Billionaire hedge-fund manager John Paulson and investor Scott Bessent have gotten Trump’s attention as he weighs possible cabinet members, The Wall Street Journal reported Monday.

Paulson will host Saturday’s fundraiser in Palm Beach, Florida. Bessent is co-chair of the event.

The Trump-GOP fundraiser has raised at least $33 million, Financial Times first reported Friday. The amount can’t be verified until campaign disclosure filings are released.

The mention of Paulson and Bessent as possible nominees for Treasury signals that Trump views Wall Street experience as a key factor in making the selection, sources told the Journal.

The newspaper added that Trump and his allies also have discussed others for Treasury secretary. They include Robert Lighthizer, the former president’s top trade adviser; former Trump administration Securities and Exchange Commission Chair Jay Clayton; and JPMorgan Chase Chief Executive Jamie Dimon.

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