Scott Bessent prevailed as the top nominee for Treasury secretary after a fierce battle for influence inside the president-elect’s court.
The billionaire entrepreneur, Elon Musk, has become a close confidant of President-elect Donald Trump. AP
The richest man in the world tried to doom Scott Bessent’s bid to become Treasury secretary less than a week ago.
Last Saturday, the billionaire entrepreneur and Donald Trump confidant Elon Musk said the Wall Street investor’s appointment as Treasury secretary would amount to “business-as-usual”.
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Original URL: https://www.afr.com/world/north-america/how-musk-lost-his-first-bitter-fight-with-trump-20241124-p5kt1p