Trump Nominates Arkansas Billionaire Warren Stephens as U.S. Ambassador to U.K.

Dec 2, 2024, 11:02 PM

President-elect Donald Trump has nominated billionaire investment banker Warren Stephens to serve as the United States Ambassador to the United Kingdom. Stephens, the chairman, president, and CEO of Little Rock-based financial services firm Stephens Inc., is a major donor to Republican causes, including contributing $2 million to a Trump-backing Super PAC. In announcing the nomination, Trump praised Stephens as 'one of the most successful businessmen in the country' and expressed excitement that Stephens would now have the opportunity to serve the United States full time. Stephens is an influential figure in the American financial sector and plays a significant role in the American Opportunity Alliance, a big-money network. His appointment continues the tradition of awarding key diplomatic positions to prominent political donors.