Elon Musk Views Howard Lutnick as a Change-Driven Treasury Pick

In a recent post on his social media platform X, Elon Musk endorsed Howard Lutnick for the role of U.S. Treasury Secretary.

Elon Musk has endorsed Howard Lutnick, CEO of Cantor Fitzgerald and an advocate for the cryptocurrency Tether, as the leading candidate for the U.S. Treasury Secretary position in Donald Trump’s administration. Musk highlighted Lutnick’s capacity to drive change, contrasting him with Scott Bessent, another contender for the role.

In a post on his social media platform X, Musk stated that Lutnick possesses the ability to enact the change needed to address the country’s financial challenges. He drew a comparison between Lutnick and Bessent, founder of Key Square Group, who Musk characterized as a “business-as-usual choice.”

According to Musk, the status quo is leading the United States toward financial instability, and he called for public input on the decision.

The endorsement by Musk adds another layer to the discussion over the Treasury Secretary pick, with Lutnick’s approach seen as disruptive and Bessent’s as steady and market-friendly. The decision has become a key point of focus in the president-elect’s transition efforts.

Moreover, the Tesla CEO urged the public and policymakers to share their thoughts on the Treasury Secretary decision. In his post, Musk suggested that feedback would aid Donald Trump in making an informed choice. He highlighted that Lutnick’s capacity to drive meaningful change aligns with the public’s demand for a revamped approach to economic governance.

To encourage more engagement, Musk stated,

“Would be interesting to hear more people weigh in on this for Donald Trump to consider feedback.”

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