President-elect Trump has spent the last few days meeting with potential candidates to be his Treasury secretary, but a final decision remains at stake.
Marc Rowan, co-founder of Apollo Global Management; Kevin Warsh, a former member of the Federal Reserve Board of Governors; and Key Square Group founder Scott Bessent all traveled to Palm Beach, Florida, this week to meet with the president-elect, two sources familiar with the transition told The Hill.
The meetings were attended by Trump and members of his team, including Vice President-elect JD Vance and transition co-chairs Scott Lutnick and Linda McMahon, a Republican source said. Rowan returned to Trump’s Mar-a-Lago residence on Friday, the source added.
“Right now it’s a jump ball. It’s somewhere between one of the three candidates,” the Republican source said.
The source described the current status as a “three-way tie,” adding that the point of an election would come when Trump “stops turning the wheel.”
“It’s fluid,” a source familiar with the transition said, adding that Trump is “seeing how Warsh Float behaves.”
Sen. Bill Hagerty (R-Tenn.) is also considered a candidate for the role and was with Trump at the SpaceX launch in Texas on Tuesday.
The Trump transition team did not respond to a request for comment.
The Jockeying for the finance minister The campaign has dragged on for several days as Trump struggled to find a candidate with a track record of supporting his tariff plan while calming possible unrest on Wall Street.
The treasury secretary is Trump’s top Cabinet nominee – and comes after his pick for attorney general came into the spotlight with the retirement of former Rep. Matt Gaetz (R-Florida) on Thursday.
Except for the Treasury Department — and the opportunity for Trump to ask former Sen. Kelly Loeffler (R-Ga.) to do it was his Minister of Agriculture — Trump has yet to decide who will lead the departments of Labor, Housing and Urban Development.
Rep. Lori Chavez-DeRemer (R-Ore.), who just lost her reelection bid, is considered, and has been, Labor’s top contender Supported by the Teamsters.
One of the Treasury contenders could instead be nominated to lead the National Economic Council. Warsh has also expressed interest in becoming the next chairman of the Federal Reserve after Chairman Jerome Powell’s term expires.
Earlier this week, Howard Lutnick was chosen as Commerce Secretary, dropping him out of the Treasury race, and McMahon was chosen as Education Secretary.
