Henry Kravis considered for Treasury secretary — report
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Henry Kravis considered for Treasury secretary — report

Donald Trump reportedly spoke to billionaire private equity pioneer after the November 8 election

US businessman Henry Kravis in 2009 (Wikimedia Commons/CC BY-SA 2.0)
US businessman Henry Kravis in 2009 (Wikimedia Commons/CC BY-SA 2.0)

President-elect Donald Trump is considering appointing the billionaire private equity pioneer Henry Kravis as his Treasury secretary, the New York Post reported.

Trump, who beat Democrat Hillary Clinton in the election last week, spoke to Kravis following the November 8 victory, the Post reported Thursday.

An unnamed source told the Post that Trump had reached out to Kravis.

Trump has named Kravis before as a possible candidate for the job.

In May, Kravis, a Jew from Oklahoma who heads the KKR & Co. equity firm, said: “While I’m honored to be mentioned, I love my job and can’t imagine leaving it” in commenting about speculation that he would be named secretary.

But in July 2015, Kravis, a longtime Republican who did not name a favorite in the primary campaign, said it was “scary” that Trump had mentioned him, along with Carl Icahn and former General Electric CEO Jack Welch, as a possible Treasury Department boss.

Trump advisor Steven Mnuchin, who is also Jewish, is also being considered for the position, according to the Post, as well as JPMorgan executive Jamie Dimon.

Republican President-elect Donald Trump delivers his acceptance speech during his election night event at the New York Hilton Midtown in the early morning hours of November 9, 2016 in New York City. (Spencer Platt/Getty Images/AFP)
Republican President-elect Donald Trump delivers his acceptance speech during his election night event at the New York Hilton Midtown in the early morning hours of November 9, 2016 in New York City. (Spencer Platt/Getty Images/AFP)

Neither Kravis nor KKR donated to any of the 2016 presidential candidates, official filings show.

Donation records show Kravis, worth $4.6 billion, last year donated $32,400 to the National Republican Senatorial Committee.

KKR in 2015 donated $5,000 to Sen. Charles Schumer (D-NY), and smaller amounts to several Republican senatorial candidates, including $2,700 in August to Sen. Kelly Ayotte (R-NH).

Kravis is close to former President George H.W. Bush.

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