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From Fox Business: Business tycoon Elon Musk suggested in a post on X that Scott Bessent, who previously worked as chief investment officer for Soros Fund Management, would be a status quo Treasury secretary pick, but that Trump transition co-chair Howard Lutnick would be a change agent.
Musk posted about his preference on X, the social media company he owns, while waiting for Trump to make an announcement on the Cabinet post
“Would be interesting to hear more people weigh in on this for @realDonaldTrump to consider feedback. My view [for what it’s worth] is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change,” Musk tweeted. “Business-as-usual is driving America bankrupt, so we need change one way or another.”
Musk made the comments when responding to a post by J. Kyle Bass, Hayman Capital Management founder and chief investment officer, who claimed that Bessent is more qualified for the job.
Would be interesting to hear more people weigh in on this for @realDonaldTrump to consider feedback.
My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change.
Business-as-usual is driving America bankrupt, so we need change… https://t.co/igGLZOJ8wz
— Elon Musk (@elonmusk) November 16, 2024
James Fishback, CEO of Invest Azoria, replied, “Hey Elon, I respectfully disagree. Bessent is one of the most successful macro traders ever. He understands pressure points, game theory, and big-picture negotiations, all of which are needed now more than ever. Why don’t you interview both Bessent and Lutnick on Spaces so the American public can see who would make a better pick?”
Musk replied, “I’m open to that.”
I’m open to that
— Elon Musk (@elonmusk) November 16, 2024
“Great – let’s do it! Open debate is good 🇺🇸 DM me. I’d love to join to ask questions. I’m the “Head of Macro” after all :),” Fishback responded.
Great – let’s do it! Open debate is good 🇺🇸 DM me. I’d love to join to ask questions. I’m the “Head of Macro” after all 🙂
— James Fishback (@j_fishback) November 16, 2024
Others are weighing in…
President Trump please nominate @howardlutnick for Treasury –
A real businessman not just investor/ economist/theorist. Howard has a proven lifetime of practicing common sense and shown he executes with speed and confidence. “America needs Howard not more academics,… pic.twitter.com/PicZLDoBnk
— Grant Cardone (@GrantCardone) November 16, 2024
And? I worked for @DavidEin, and my politics couldn’t be more different.
— James Fishback (@j_fishback) November 16, 2024
Bessent can be the most qualified, but where are his intentions?
That is where my concern is. Stats do no good to any of us if ability is used as weaponization tactics.
— Masey (@MaseyLeah) November 16, 2024
We don’t give a crap about his international financial dealings, we want someone that’s gonna be focused on America first. Bessent is a globalist period
— Lima (@Maxtell2000) November 16, 2024
That would be amazing. I am watching these cabinet picks more than I EVER have. I’m seeing the nods and then I am deep diving on X and podcasts to hear these people IN THEIR OWN WORDS. This is the way forward. Long form, real problem/solution conversations.
— Brandy Walker (@7795Brandy) November 16, 2024
Musk responded Monday to a post about the national debt, which grew to $12 trillion in over 200 years. ANOTHER $12 trillion was added to the national debt in the last four years of the Biden administration.
“Immediate action is needed to stop the de facto bankruptcy of America,” Musk warned.
Immediate action is needed to stop the de facto bankruptcy of America https://t.co/DqyhxY2YZp
— Elon Musk (@elonmusk) November 18, 2024
Musk pegs potential Trump Treasury secretary pick Bessent as ‘business-as-usual choice,’ backing Lutnick https://t.co/G9j29wAqJs
— FOX Business (@FoxBusiness) November 18, 2024
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