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Here are the top candidates to lead Trump’s Treasury Department

Harry November 7, 2024

Donald Trump has promised to dramatically reshape economic policy in the United States by extending tax cuts, imposing across-the-board tariffs of 10 percent or more, and enacting a deregulatory agenda that could have a widespread impact on banks, energy companies and industrial firms.

Attention will now turn to which of the top economic advisors will be responsible for implementing this agenda. Stephen Myrow, managing partner of Washington DC-based Beacon Policy Advisors, notes that unlike his first election victory in 2016, Trump’s circle of advisors and supporters is much wider. At the same time, whoever gets the appointments won’t have the freedom to push back on some of his more populist instincts as he did last time, when the Trump administration balanced the interests of the GOP’s traditional wing with newcomers. .

“At the time it was more of a balancing act, but this time it’s clear they want someone to implement Trump’s agenda,” Myrow said. “For example, there will be no debate about whether tariffs will be made or not. The question is how much and how fast.”