Who will be Trump’s Treasury Secretary?

Scott Bessent 100%

Howard Lutnick N/A

Kevin Warsh N/A

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By Dec 31, 2026 (+0)

$5,794,102vol

Scott Bessent

Yes

Scott Bessent

Yes

Howard Lutnick

Kevin Warsh

8 more markets

Important information: Nominees must be confirmed by the United States Senate (recess appointments do not count).

Rules summary for

Scott Bessent

If Scott Bessent is the first person confirmed by the Senate to be Secretary of the Treasury between November 6, 2024 and December 31, 2026, then the market resolves to Yes. Outcome verified from Library of Congress.

Note: this event is mutually exclusive.Expiration value: Scott Bessent

Timeline and payout

About

The Secretary of the Treasury oversees U.S. financial, economic, and tax policy, manages public debt, and leads Treasury law enforcement and financial operations. The role also includes advising the President and representing the U.S. in global financial institutions. President-elect Trump has nominated Scott Bessent for this role, but he has yet to be confirmed by the Senate. (Source: Treasury.gov)

What's happening

New

Prominent investors Scott Bessent and John Paulson have emerged as the leading candidates for the key role of U.S. Treasury Secretary since Donald Trump won the election earlier this week, according to two people close to the president-elect and a donor. A final decision rests with Trump, and it is unclear whether others have been ruled out or are still in contention. Bessent and Paulson are among several names that have been reported in the media as potential candidates for the role in recent days.

What's happening

Nov 8, 2024

Larry Kudlow, the financial news commentator who served as director of the National Economic Council during Trump's first term, is rumored to be a potential candidate for a senior position on Trump's economic team, possibly treasury secretary. Jay Clayton, who served as chair of the Securities and Exchange Commission under Trump and has a long history as a business lawyer, is seen as a potential pick for Treasury who would bring confidence to the financial markets. John Paulson, a prominent billionaire financier and Trump ally, has also been floated in private conversations as a potential Treasury secretary in a second-term Cabinet[1][5].

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