(NewsNation) — President-elect Donald Trump continues to fill his cabinet with nominees but has reportedly hit a snag when it comes to determining who he would like to step up as Secretary of the Treasury.
Two men were widely seen as Trump’s top picks for the role: Howard Lutnick, who co-chairs the transition team and is a chief executive at a Wall Street firm and Scott Bessent, an investment firm founder.
Sources say Trump met with Bessent as late as last week as the president-elect tries to figure out who to nominate for Treasury Secretary.
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Over the weekend, reports surfaced that the scope of the position may be expanding and some other candidates have entered the mix.
One name said to be under consideration is Mark Rowan, head of a private equity firm called Apollo. He is set to have a meeting with Trump sometime this week.
Economics were a critical component of Trump’s campaign and there are some things he is looking for in a nominee.
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“Someone who understands how to make sure our country and our economy is moving again, making sure that we don’t have high interest rates, making sure that we are benefitting and valuing the manufacturing here in this country as opposed to overseas,” said Trump advisor Corey Lewandowski.
Lewandowski’s comments underscore a key component is a nominee who is supportive of tariffs.
That’s something Trump has talked about time and time again on the campaign trail as a very important element of his economic policy.
