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

AU Backs New UN Libya Roadmap

The Roadmap seeks to resolve the Libyan crisis through a political process centred on institutional unification…reports Asian Lite News The Chairperson of the African Union Commission (AUC), H.E. Mahmoud Ali Youssouf, has

Sudan Feels Impact of GERD

The GERD project remains a point of contention among Nile Basin countries….reports Asian Lite News Water levels in Sudan’s Blue Nile have fallen to record lows following Ethiopia’s announcement that it has

UNESCO sounds alarm on teacher gap

Amina Mohammed proposed a five-point plan to strengthen the profession through greater investment, gender equality, support for digital learning…reports Asian Lite News At the UNESCO World Summit on Teachers in Santiago, Chile,

Modi Ends China Trip, US Hails India Ties

US termed India-US ties as a “defining relationship of the 21st century”, stating that partnership between both countries continues to reach new heights….reports Asian Lite News Shortly after videos and images of
Go toTop

Don't Miss

Indian-American enters race for Texas County Commissioner

Patel will run as a Democrat for the seat held

Boris earned millions on top of PM’s salary

The outside earnings come from a variety of sources including