The Trust Nest
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    Popular Topics
    • Former Clinton aide Huma Abedin, Alex Soros marry in swank Hamptons wedding packed with Dem heavyweights
    • Dems ‘deliberately obfuscating’ truth about ‘big, beautiful bill’ with this claim: Watchdog
    • At least two dead after bridge collapses in India tourist destination
    • Fear grips Iranians, with some fleeing the capital as conflict with Israel escalates
    • Trump says national security concerns in Nippon-U.S. Steel deal can be resolved
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    The Trust Nest
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy
    • Latest News

    Houston Rockets owner among trio of Trump ambassador nominees confirmed by Senate

    • April 30, 2025

    A prominent NBA team owner was among three of President Donald Trump’s diplomatic nominees confirmed by the Senate on Tuesday evening.

    Tilman Fertitta, owner of the Houston Rockets and CEO of Landry’s Restaurants group was confirmed as the upper chamber to be Trump’s ambassador to Italy and San Marino by a margin of 83-14.

    Investors Tom Barrack and Warren Stephens were also up for ambassadorship posts to Turkey, and the United Kingdom and Northern Ireland respectively.

    Barrack’s nomination passedby 60-36 Stephens was confirmed 59-39.

    Fertitta is a GOP donor and has spoken fondly of Trump’s business sense.

    During Trump’s first term, Fertitta told CNBC the president was doing ‘a fantastic job for the economy.’

    ‘Businesses are booming, unemployment is low. He understands what drives this country,’ Fertitta said in 2018.

    Fertitta’s praise of Trump often steers more toward business-focused than overtly-political, as in the CNBC interview.

    Trump’s choice of Barrack played into two different aspects of the investor’s history.

    Before he was a friend of the future president’s, Barrack served as an undersecretary in the Reagan Interior Department, focusing on energy policy including Middle East oil.

    Barrack, who is fluent in Arabic, would therefore fit well with a Turkish ambassadorship.

    Later in that decade, Barrack helped Trump secure financing for his short-lived ownership of the Plaza Hotel – during which time the future president famously told a lost Kevin McCallister its lobby was ‘Down the hall, and to the left’ in 1992’s Home Alone 2: Lost in New York.

    The two real estate moguls remained friends in the years after Trump ultimately gave up the Midtown landmark.

    Barrack was a strong supporter of Trump’s first presidential campaign and raised millions for his first inauguration’s events.

    Stephens’ family bank has a footprint in London, and he is a noted fan of the Tottenham Hotspurs Premier League soccer team, which draw parallels to his ambassadorship nomination.

    The billionaire will be the eyes and ears for Trump in London, where the president has a cordial relationship, albeit one wherein lies a politically contrasting view of global politics, with Prime Minister Keir Starmer of the Labour Party.

    Stephens has a history of donations to Republican causes and many Arkansas candidates, per OpenSecrets.

    Recipients have included former Sens. Mark Pryor, D-Ark., Mitt Romney, R-Utah, Bob Dole, R-Kan., ex-Arkansas Govs. Asa Hutchinson and Mike Huckabee, and media executive Steve Forbes’ presidential run in 1995.


    This post appeared first on FOX NEWS
    Related Topics
    • Featured

    Previous Article
    • Latest News

    DOGE, Treasury discover $334M in improper payment requests due to foul codes

    • April 30, 2025
    View Post
    Next Article
    • Economy

    US officers who broke rank to save lives recall the fall of Saigon 50 years ago

    • April 30, 2025
    View Post
    Enter Your Information Below To Receive Trading Ideas and Latest News

      Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
      Popular Topics
      • Former Clinton aide Huma Abedin, Alex Soros marry in swank Hamptons wedding packed with Dem heavyweights
      • Dems ‘deliberately obfuscating’ truth about ‘big, beautiful bill’ with this claim: Watchdog
      • At least two dead after bridge collapses in India tourist destination
      • Fear grips Iranians, with some fleeing the capital as conflict with Israel escalates
      • Trump says national security concerns in Nippon-U.S. Steel deal can be resolved
      • About us
      • Contacts
      • Privacy Policy
      • Terms and Conditions
      • Email Whitelisting
      Copyright © 2025 thetrustnest.com | All Rights Reserved

      Input your search keywords and press Enter.