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The Texas Reporter > Blog > Business > Trump staffers reportedly fear Elon Musk is appearing as a ‘co-president’
Business

Trump staffers reportedly fear Elon Musk is appearing as a ‘co-president’

Editorial Board
Editorial Board Published November 18, 2024
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Trump staffers reportedly fear Elon Musk is appearing as a ‘co-president’
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Trump staffers reportedly fear Elon Musk is appearing as a ‘co-president’

Elon Musk weighed in over the weekend on the more and more tense battle for Treasury secretary within the second Trump administration—and that has reportedly raised the hackles of some Trump advisers, who fear his affect may need grown too massive.

The Washington Submit reported that Musk’s endorsement by way of social media of Howard Lutnick, who’s co-leading the Trump transition workforce, might add confusion to the method. One adviser steered to the Submit that Musk was appearing as a “co-president” and might be overstepping his advisory function with Trump.

The Trump transition workforce didn’t instantly reply to a request for remark.

Musk on Saturday inspired folks on X to “weigh in” on who they thought must be Treasury secretary, then backed Lutnick over hedge fund supervisor Scott Bessent, saying “Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change.”

Bessent is extra skeptical of cryptocurrencies than Lutnick, who has steered folks might use it to pay their taxes.

Musk performed a big function in Trump’s re-election, placing over $100 million of his personal cash right into a political motion committee targeted on Trump and showing at a number of rallies. Nonetheless, his public push for Lutnick earlier than Trump has decided caught many off guard.  

Regardless of the obvious unease of some Trump staffers with Musk’s actions, there is no such thing as a proof that any rift has fashioned between Musk and Trump themselves. Musk continues to be spending a lot of his time at Mar-a-Lago and traveled with Trump to New York Saturday to attend a UFC combat.

Whoever turns into Treasury secretary, Musk is more likely to work considerably carefully with them as a part of his duties with the Division of Authorities Effectivity (DOGE). DOGE will work with the White Home Workplace of Administration and Finances to implement the suggestions of Musk and Vivek Ramaswamy. Musk has stated beforehand he believes it’s potential to chop $2 trillion from the federal funds, although many have been skeptical of this determine.

What number of levels of separation are you from the globe’s strongest enterprise leaders? Discover who made our brand-new listing of the 100 Most Highly effective Folks in Enterprise. Plus, study concerning the metrics we used to make it.
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