Trump team seeks advice from BlackRock CEO on new Treasury secretary
2024-11-19 06:12:26
According to Fox Business, the Trump team has consulted with BlackRock CEO Larry Fink and at least one BlackRock executive in their search for a Treasury secretary.
Fox reporters say Donald Trump has a long-standing relationship with Larry Fink, one of the best risk managers in the industry, whom he regularly consults with about markets and other issues. Larry Fink will not be a candidate for Treasury secretary, but the move shows that Trump has a "grand vision" for how to implement economic policy.
Larry Fink, BlackRock's chief executive, once told CNBC: "I believe bitcoin is a legitimate financial instrument and I believe bitcoin has a place in the portfolio."