Elon Musk’s growing influence in President-elect Donald Trump’s transition team was on full display on Nov. 16 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 social media platform 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.
