Lutnick currently serves as chair of Trump’s White House transition team. His most notable moment in recent memory was his declaration on CNN that Robert F Kennedy Jr, the vaccine conspiracist and Covid lockdown critic, would not be Trump’s pick for head of Health and Human Services. Trump nominated Kennedy to that very post last week.

Elon Musk is backing Donald Trump’s transition co-chair Howard Lutnick to lead the Treasury Department, touting the billionaire CEO of Cantor Fitzgerald as a potential secretary who “will actually enact change” from the most powerful economic post in Trump’s cabinet.

Those who worked under Musk say his past efforts to micromanage in the private sector have yielded mixed results. Elon Musk has big plans for his new Department of Government Efficiency (DOGE) once Donald Trump takes the White House in January.

Musk’s moves since the election suggest the Tesla CEO will be heavily involved in the Trump administration’s ‘revolution,’ as he calls it.

Just days after being tapped to co-lead the Department of Government Efficiency, Elon Musk is searching for "high-IQ" individuals to join the taskforce.