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Stock impact report

Elon Musk endorses Trump's transition co-chair Howard Lutnick for Treasury secretary [CNBC]

BGC Group, Inc. - Class A (BGC) 
Last bgc group, inc. - class a earnings: 8/2 04:20 pm Check Earnings Report
Company Research Source: CNBC
Lutnick and Key Square Group founder and CEO Scott Bessent are reportedly top picks to run the Treasury Department. On Saturday, Elon Musk shared who he is endorsing for Treasury secretary on X , a cabinet position President-elect Donald Trump has yet to announce his preference to fill. Musk wrote that Howard Lutnick, Trump-Vance transition co-chair and CEO and chairman of Cantor Fitzgerald, BGC Group and Newmark Group chairman, will “actually enact change.” Lutnick and Key Square Group founder and CEO Scott Bessent are reportedly top picks to run the Treasury Department. Musk, C EO of Tesla and SpaceX, also included his thoughts on Bessent in his post on X. “My view fwiw is that Bessent is a business-as-usual choice,” he wrote. “Business-as-usual is driving America bankrupt so we need change one way or another,” he added. Musk also stated it would be “interesting to hear more people weigh in on this for @realDonaldTrump to consider feedback.” In a statement to Politi Show less Read more
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