Elon Musk wants Trump to disrupt Wall Street with his Treasury pick

Contributing sentiments towards policy:

49% : During his first term, Trump chose Steven Mnuchin, a financier and Hollywood producer who stayed in the administration all four years.
47% : Four people familiar with the dynamic tell CNN that Lutnick sought to convince Trump that only he would be in full support of the steep tariffs Trump had pledged -- and which Lutnick had been promoting in cable television appearances.
47% : As the competition intensified -- with Bessent described as taking a more back-seat approach to Lutnick's semi-public campaign -- frustration grew palpable among Trump and his team.
44% : Both also have embraced cryptocurrencies, which Trump has backed in recent months despite initial skepticism.
43% : But style aside, market analysts say Trump has made clear his intention to impose widespread tariffs, and the person occupying the Treasury secretary office probably won't make much of a difference other than, perhaps, the speed at which they get enacted.
42% : "The fact is that if Trump wants tariffs, he's going to get tariffs regardless of who's in charge at Treasury or USTR or anywhere else," said Scott Lincicome, vice president of general economics and trade at the libertarian-leaning Cato Institute.
40% : Late last week, Trump had reached a near-final decision to hand the role to Bessent, a relatively recent MAGA convert, a decision some officials involved in the transition began to message to outside allies.
38% : A full week after appearing to decide on nominating Bessent, Trump interviewed him again at Mar-a-Lago.What the Treasury secretary does
37% : "Both Bessent and Lutnick are respected on Wall Street and have publicly supported Trump and his economic policies -- including massive and unprecedented tariffs that remain largely unpopular among mainstream economists.
27% : Trump even mused that he ought to rule out both of them and pick a neutral party: Tennessee Sen. Bill Hagerty had interviewed the prior weekend for a variety of administration jobs, and Larry Kudlow, a Trump loyalist, would be seen as a market- and tax-friendly pick.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.