- Trump’s transition team is turning to Wall Street giants for advice on key economic appointments.
- Howard Lutnick, co-chair of the transition team and CEO of the bank, turns to friends for advice.
- Sources say Scott Besant, Gary Cohn and John Paulson are among those involved.
After him Election Day victoryPresident-elect Donald Trump needs this His next management team. Wall Street is eager to hear her opinion.
The stock market rose after Trump’s victory, with US stocks notching their fifth-best single-day performance on record. In short, they added $1.62 trillion in value Investors are betting on an era From tax cuts and deregulation.
Howard Lutnick, co-president of Trump transition team And the CEO of New York-based investment bank Cantor Fitzgerald turns to those thrilled for advice on who could fill key positions.
He was called the “principal researcher.” Wall Street JournalLutnick reportedly spends most of his day comparing potential hires and handling his typical banking duties in the wee hours of the morning.
Trump’s transition team did not respond to Business Insider’s request for comment.
Here are some of the key players with Wall Street connections now advising the Trump administration: