Donald Trump

What to Know About the 2 Billionaires Leading Trump’s Transition, Hiring Efforts

It is still being determined if McMahon and Lutnick would serve in the incoming administration.
What to Know About the 2 Billionaires Leading Trump’s Transition, Hiring Efforts
(Left) Howard Lutnick, chairman and CEO of Cantor Fitzgerald and co-chair of the Trump 2024 Transition Team, speaks at a rally for former President Donald Trump at Madison Square Garden in New York on Oct. 27, 2024; (Right) Linda McMahon, former administrator of the Small Business Administration, speaks on Day 4 of the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wis., on July 18, 2024. Angela Weiss/AFP via Getty Images; Mike Segar/Reuters
Emel Akan
Emel Akan
Reporter
&
Andrew Moran
|Updated:
0:00

President-elect Donald Trump has moved to confirm key members of his cabinet with a flurry of announcements in the past few days. Behind the scenes, two influential figures who lead Trump’s transition team are shaping the choices for the top political spots.

In mid-August, Trump named two billionaires as co-chairs of his transition team: Linda McMahon, the former head of the Small Business Administration (SBA), and Howard Lutnick, the chairman and CEO of financial institution Cantor Fitzgerald.

Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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