Longtime Donald Trump supporter and activist investor Carl Icahn confirmed on Tuesday that the president-elect is looking at Wall Street veteran Steven Mnuchin as his choice for treasury secretary and billionaire Wilbur Ross for commerce secretary.
"Spoke to @realDonaldTrump. Steve Mnuchin and Wilbur Ross are being considered for Treasury and Commerce. Both would be great choices," Icahn wrote on Twitter.
Icahn, a close ally of Trump who was often praised by the Republican during the presidential campaign for his business acumen, also tweeted that both Mnuchin and Ross were friends and "two of the smartest people I know."
Mnuchin, a former Goldman Sachs partner and Trump's campaign finance manager, has been considered a front-runner for the Treasury post for much of the past week since Trump's stunning election victory.
Mnuchin's inclusion in Trump's campaign team was questioned at the time by Stephen Bannon, now Trump's chief White House strategist. In an interview on Breitbart News, Bannon asked Trump whether the then presidential candidate was "selling out to Wall Street".
The list to head the Treasury Department has also included JPMorgan Chase chief executive Jamie Dimon and Republican Representative Jeb Hensarling, chairman of the powerful House Financial Services Committee. Hensarling has said he would prefer to focus on a revamp of financial regulation, while Dimon, a lifelong Democrat, has denied interest in the job in the past.
Ross, a billionaire investor, is a part of Trump's economic advisory team. Calls to Ross were not immediately returned.