Elon Musk, advisor to President-elect Donald Trump, endorsed Howard Lutnick, CEO of Cantor Fitzgerald, for the role of US Treasury Secretary, asserting that Lutnick could bring ‘real change’ to the position. While Trump has yet to announce his nominee, Lutnick and Scott Bessent are considered frontrunners. Musk criticized Bessent as a ‘business-as-usual’ choice, which he believes could lead the US towards financial ruin, emphasizing the necessity for change in the Treasury Department. He encouraged more discussions on the nomination to ensure all advice is considered.