Trump move shows 'limit to influence' of one of his 'strongest political allies': report

Contributing sentiments towards policy:

72% : "Bessent, a Wall Street veteran and a top economic advisor to Trump, emerged as a favorite of the president-elect while on the campaign trail this year.
57% : Last Saturday, however, before Trump decided, Musk shared his thoughts about the Treasury job, writing in a post on X that Cantor Fitzgerald CEO Howard Lutnick would be a stronger choice.
43% : "Business Insider further reports that Trump later made Lutnick his pick for commerce secretary.
38% : "There seems, however, at least for now, some limit to Musk's influence on Trump," the report states.
37% : "The Wall Street Journal reported that Trump sought advice from Wall Street leaders for the Treasury spot, and his advisors told him that analysts would view Bessent as a stabilizing figure.
35% : Trump recently nominated hedge fund manager Scott Bessent to be his Treasury secretary, but Musk had spoken out against this exact same notion.
18% : Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump looks on during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024.

*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.