The competition for the position of Treasury Secretary under President-elect Donald Trump is becoming more intense, with Scott Bessent receiving significant endorsements.

Additionally, Howard Lutnick, co-chair of the Trump transition team, has unexpectedly emerged as a contender for the role. It has been reported that Trump was not aware of Lutnick's interest until recently, highlighting the surprising nature of his candidacy.

Bessent's support from influential figures could enhance his chances, while Lutnick's late entry adds an interesting element to the selection process. The outcome of this competition will be closely monitored as it has the potential to shape the future of U.S. economic policy.