Trump appears to be choosing between hedge-fund manager Scott Bessent and Cantor Fitzgerald CEO Howard Lutnick, though other names remain in the mix as well for the job.

Billionaire banker Howard Lutnick has emerged as a serious contender alongside investor Scott Bessent for the top Treasury job in the new Trump administration, two sources familiar with the matter said,

The jockeying for Donald Trump’s Treasury secretary is spilling into public view, as Scott Bessent racks up key endorsements and the president-elect’s transition co-chair Howard Lutnick makes a play for the job himself.