Two people familiar with Donald Trump’s cabinet appointee selection process have told Bloomberg that John Allison, former CEO of BB&T Corp., is under consideration for the position of Treasury Secretary. I’m a friend of John’s from his time as president and CEO of the Cato Institute.
Appointing John Allison to the position of Treasury Secretary would be the best decision Donald Trump has made yet, or could make. I’ll have a full write-up on Monday about John Allison and the potential Treasury position, if the position hasn’t been offered to someone else by then. Until then, consider purchasing John’s excellent book, The Financial Crisis and the Free Market Cure.