Trump eyes loyal backers for Cabinet while transition hits a snag

Trump eyes loyal backers for Cabinet while transition hits a snag

U.S. Republican presidential nominee Donald Trump appears at a campaign roundtable event in ManchesterWASHINGTON/NEW YORK (Reuters) – President-elect Donald Trump closed in on naming two loyal Wall Street backers to key economic positions but jettisoned a national security expert from his inner circle as his transition cleared an initial paperwork snag on Tuesday. Trump, a Republican outsider who won a surprise election victory last week, is considering campaign finance chair and Wall Street veteran Steve Mnuchin as his treasury secretary, and longtime backer and billionaire investor Wilbur Ross for commerce secretary, according to Trump ally and activist investor Carl Icahn. Mike Rogers, a former U.S. representative from Michigan who had been mentioned as a possible pick for CIA director, suddenly left the transition team.


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