Donald Trump's potential Cabinet nominees are drawing attention not just for their wealth but also for their opportunity to benefit from a little-known tax break. Names like Howard Lutnick, CEO of Cantor Fitzgerald, and Chris Wright, a fracking executive and major Trump donor, have emerged as top choices for roles such as Commerce Secretary and Energy Secretary. According to Business Insider, these high-profile picks could save millions in taxes under existing policies designed for federal appointees. Here's more:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in