Howard Lutnick speaks Oct. 27 before Republican presidential nominee former President Donald Trump at a campaign rally at Madison Square Garden in New York.
House Speaker Mike Johnson of La., smiles as President-elect Donald Trump attends a meeting with House Republicans in Washington, Wednesday, Nov. 13, 2024. (Allison Robbert/Pool via AP)
As President-elect Donald Trump builds his administration, tensions are growing over his controversial cabinet picks. Trump loyalist and House Speaker Mike Johnson on Friday opposed releasing an Ethics Committee report on Matt Gates to be the top law enforcement officer. Gates has been under…
PALM BEACH, Fla. — President-elect Donald Trump made his selection for energy secretary Saturday, even as a key ally, billionaire Elon Musk, called for more direct public input into the decision-making process for another top post: the head of the Treasury Department.
Trump picked Chris Wright, CEO of Denver-based Liberty Energy, as energy secretary. Wright is a vocal advocate of oil and gas development, including fracking, a key pillar of Trump's quest to achieve U.S. "energy dominance" in the global market.
That announcement came hours after Musk mused about the president-elect's yet-to-be-made treasury secretary choice.
"Would be interesting to hear more people weigh in on this for @realDonaldTrump to consider feedback," Musk, whom Trump tapped to co-lead a commission tasked with increasing government spending efficiency, posted Saturday on the X social media platform he owns.
Musk then used the rest of his post to become the first participant in the public poll he proposed. He endorsed Howard Lutnick, CEO of financial services firm Cantor Fitzgerald and co-chair of Trump's transition team ahead of Inauguration Day on Jan. 20, 2025, over hedge fund manager Scott Bessent.
Musk said in his post that "Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change."
"Business-as-usual is driving America bankrupt, so we need change," he said.
Lutnick and Bessent were mentioned as possible picks to lead the Treasury Department. Bessent is considered the more conventional, business-friendly choice. He is skeptical of cryptocurrency, while Lutnick suggested it could be used for people to pay their taxes.
A short time later, Trump's pick to lead his Health and Human Services Department, Robert F. Kennedy Jr., also endorsed Lutnick, posting on his own X account, "Bitcoin is the currency of freedom, a hedge against inflation for middle class Americans."
"Bitcoin will have no stronger advocate than Howard Lutnik," he wrote, misspelling Lutnick's last name.
Wright, meanwhile, has been one of the industry's loudest voices against efforts to fight climate change and could give fossil fuels a boost — including quick action to end a yearlong pause on natural gas export approvals by the Biden administration.
Wright criticized what he calls a "top-down" approach on climate by liberal and left-wing groups and said the climate movement around the world is "collapsing under its own weight."
His selection came after Trump announced several picks in recent days, including his choice for Secretary of State, Florida Sen. Marco Rubio, and attorney general, former Florida Rep. Matt Gaetz.
Treasury is the most important slot he has left to fill, but the president-elect also has yet to announce choices for other roles, including the heads of the Education and Labor Departments.
Separately, Trump said he'd picked a member of his legal team and former federal prosecutor, Will Scharf, as assistant to the president and White House staff secretary.
That announcement came as House Speaker Mike Johnson, R-La., was at Trump's Mar-a-Lago club in Palm Beach, Florida, this weekend and meeting with the president-elect.
Later, Trump was set to head to Saturday night's UFC heavyweight championship fight between Stipe Miocic and Jon Jones at New York's Madison Square Garden.
Except for a day trip to Washington this past week to meet for nearly two hours with President Joe Biden, and separately address House Republicans, Trump spent his time since his Election Day victory at Mar-a-Lago, which hosted galas and conservative events.
A return to Madison Square Garden means revisiting the place where a comedian caused an uproar at a Trump rally last month by likening Puerto Rico to a "floating island of garbage." Yet Trump continues to relish visits to New York, where he lived for decades.
Trump also has been close to Ultimate Fighting Championship President Dana White for more than two decades.
White hosted a 2001 UFC battle at Trump Taj Mahal, a former casino-hotel in Atlantic City, New Jersey, and Trump frequently attended UFC matches since — including during his 2024 campaign. Trump turned up at fights recently with famous entourages, including White, musician Kid Rock and former Fox News Channel host Tucker Carlson.
In 2018, during Trump's first term, he and White starred in a UFC video where the then-president was called the "Combatant In Chief."
As Trump strengthened his grip on the national Republican Party over the past near-decade, White's personal political profile grew exponentially.
White spoke at the 2016 and 2020 Republican conventions, and when the party gathered in Milwaukee this past July. He also addressed the crowd at Trump's Florida victory party in the wee hours of the morning after Election Day.
"This is what happens when the machine comes after you," White said then. "What you've seen over the last several years, this is what it looks like: couldn't stop him. He keeps going forward. He doesn't quit."
Here are the people Trump has picked for key positions so far
President-elect Donald Trump
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Susie Wiles, White House Chief of Staff
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Marco Rubio, Secretary of State
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Pete Hegseth, Secretary of Defense
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Matt Gaetz, Attorney General
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Kristi Noem, Secretary of Homeland Security
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Doug Burgum, Secretary of the Interior
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Robert F. Kennedy Jr., Secretary of Health and Human Services
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Karoline Leavitt, White House press secretary
Doug Collins, Secretary of Veterans Affairs
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Tulsi Gabbard, National Intelligence Director
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John Ratcliffe, Central Intelligence Agency Director
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Lee Zeldin, Environmental Protection Agency Administrator
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Elise Stefanik, Ambassador to the United Nations
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Mike Huckabee, ambassador to Israel
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Steven Witkoff, Special Envoy to the Middle East
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Mike Waltz, National Security Adviser
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Stephen Miller, Deputy Chief of Staff for Policy
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Tom Homan, ‘Border Czar’
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Elon Musk and Vivek Ramaswamy to advise White House on government efficiency