December 3, 2024
1 min read

Trump nominates Stephens as envoy to UK 

Stephens serves as chairman, president and CEO of Stephens Inc, a financial services company headquartered in Little Rock, Arkansas…reports Asian Lite News

US President-elect Donald Trump on Monday nominated billionare financial executive Warren Stephens as the next US ambassador to the UK.  

“Warren has always dreamed of serving the United States full time. I am thrilled that he will now have that opportunity as the top diplomat, representing the USA to one of America’s most cherished and beloved allies,” Trump posted on his Truth Social social media platform.  

Stephens serves as chairman, president and CEO of Stephens Inc, a financial services company headquartered in Little Rock, Arkansas. He has a net worth of $3.4 billion (€3.2 billion), according to US news outlet Forbes.  

Arkansas Attorney General Tim Griffin congratulated Stephens on the nomination, saying Trump “tapped one of our state’s finest to represent our nation and continue the special relationship we have with our cousins and staunch allies in the United Kingdom.” 

Stephens donated money to a political action committee which supported Trump’s 2024 election campaign. It’s not uncommon in US politics for presidents to reward campaign donors with ambassadorial posts.  

Trump will take office on January 20, 2025. Stephens’ ambassadorship will need to be confirmed by the US Senate, which will have a Republican-majority in January.  

Woody Johnson, a donor to Trump’s 2016 campaign, served as US ambassador to the UK during Trump’s first term from 2017 to 2021.  

Trump has already named many of his nominees for his Cabinet and high-profile diplomatic posts, assembling a roster of staunch loyalists. Over the weekend, Trump announced he intends to nominate real estate developer Charles Kushner, father of Trump’s son-in-law Jared Kushner, to serve as ambassador to France. 

ALSO READ: UK property market surges  

Previous Story

More than three-quarters of UK universities join fossil fuel pledge 

Next Story

Manish Bags British Indian Award

Latest from -Top News

Ramaphosa gains from US showdown

South African President’s conduct with Trump reminded South Africans of his diplomatic pedigree, and of his importance to the country’s rules-based order South Africa’s President Cyril Ramaphosa and his delegation went to

Armed gangs kill dozens in Nigeria

A local state governor said “scores” of people had been killed in the attacks, which also saw homes and properties destroyed. Northeast Nigeria has been gripped by a deadly wave of violence

Children die as USAID aid cuts snap a lifeline

Trump administration cut more than 90% of USAID’s foreign aid contracts and $60 billion in overall assistance around the world. Programs serving children were hit hard Under the dappled light of a
Go toTop

Don't Miss

Series of attacks target US personnel in Iraq, Syria

Iraqi militia groups aligned with Iran vowed to retaliate after

Cancelled flights put damper on holiday travel in US

According to FlightAware, a flight-tracking site, 880 flights within, in