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Marc Rowan with $800 Billion AUM Emerges as Leading Candidate for Treasury Secretary in Trump's Second Administration

Nov 22, 2024, 03:31 PM

Marc Rowan, the CEO of Apollo Global Management, has emerged as a leading candidate for the position of Treasury Secretary under Donald Trump's anticipated second administration. Supporters of Rowan have been actively advocating for his selection, highlighting his impressive credentials, including founding a firm with approximately $800 billion in assets under management and a market capitalization of $100 billion. Reports indicate that Rowan made a strong pitch for the Treasury position directly to Trump. As the decision looms, speculation continues regarding other contenders for the role and the potential implications for financial markets.