Trump Nominates Arkansas Banker and GOP Donor Warren Stephens as US Ambassador to UK

Dec 2, 2024, 10:27 PM

President-elect Donald Trump has nominated billionaire investment banker Warren Stephens, CEO of Arkansas-based Stephens Inc., to serve as the United States Ambassador to the United Kingdom. Stephens, a major donor to Republican causes and a philanthropist, has contributed $2 million to a Trump-backing super PAC. His nomination is seen as a nod to the American Opportunity Alliance, a big-money network where he plays a significant role. Trump praised Stephens as 'one of the most successful businessmen in the country.' The appointment continues the tradition of presidents selecting wealthy donors for prestigious diplomatic posts.