Two men with backgrounds in business and finance appear to be leading contenders for President-elect Donald Trump’s pick to lead the Treasury Department.

Scott Bessent and Howard Lutnick are reportedly being considered for the role, which is one of the most powerful Cabinet positions in the White House. They would succeed Treasury Secretary Janet Yellen, who oversaw the economic return from the pandemic and presided over the agency during the worst bout of inflation since the early 1980s.