Seven candidates have been mentioned for Treasury Secretary under Trump II. They include former Carlyle Group co-CEO and current Virginia Governor Glenn Youngkin, CEO of seven Wall Street companies and DEI lover Howard Lutnick and Senator Bill Hagerty, founder of private equity underwriter (PEU) Hagerty Peterson & Co LLC and most recently with Hall Capital. Hagerty also has Trident Capital in his PEU history.
Two other Treasury candidates include hedge fund mavens Scott Bessent and John Paulson. The PEU boys allow hedge funders into their "never enough" family, which happen to also charge high fees.
Politicians Red & Blue love PEU and increasingly, more are one. It's the Red Team's turn to steer Uncle Sam's wallet to their PEU friends. Who will get the Treasury job, with its gigantic money shovel? President elect Donald Trump wants to start slinging cash the government does not have.
What part of that sounds the least bit conservative? Zero, zip, nada.... Remember the Red Team is "done catering to Wall Street." They plan to cater to PEU legends and TechGods.
Update 11-20-24: The Trump Treasury Sweepstakes are down to three candidates, Bill Hagerty, Apollo's Marc Rowan and Kevin Warsh, advisor to Stanley Druckenmiller's Duquesne Family Office. Since sexual predation has no political consequences, Rowan's ties to Jeffery Epstein's main benefactor (Apollo founder Leon Black) should not hold up Marc's nomination. Button down the NDA's.
