Marc Rowan: The Wall Street Heavyweight in the Running for Trump’s Treasury Job

Meet Marc Rowan, a big name in the world of finance. This 62-year-old private equity billionaire is one of the leading candidates to become Donald Trump’s Treasury secretary. He’s got some pretty impressive backers, including Trump insiders and Wall Street bigwigs who think he’s just the guy for the job. Rowan has his work cut out for him, though. He’s up against some tough competition, like hedge fund investor Scott Bessent and former Federal Reserve governor Kevin Warsh. Even Senator Bill Hagerty is in the mix. Rowan has been doing his homework for this interview. He flew back from Hong Kong to meet Trump in Florida. He’s got experience advising on financial markets, too. Remember when the Coronavirus pandemic was just starting? Rowan had a hand in recommending emergency measures to keep things in check. But here’s where things get interesting. The prediction site Polymarket had Warsh as the top pick, with Bessent and Rowan following closely. Trump’s pick for this role has to be confirmed by the US Senate next year, so it’s a big deal who gets chosen. The stakes are high, especially since this is the last big cabinet position left to fill. Trump’s already made a lot of moves since winning the election. Rowan’s company, Apollo Global Management, has a lot of assets under management, so any move into government would be a big shift. But his supporters say the firm has a lot of leaders who could step up. So, who will it be? The wait is on to see who Trump picks for this crucial role.