• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by April 30, 2025
written by 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
0 comment
0
FacebookTwitterPinterestEmail

previous post
DOGE terminates billions in contracts, including $361K for ‘gender non-conforming, non-binary’ BIPOC farmers
next post
Elon Musk no longer working on DOGE efforts from White House: report

related articles

Microbiologist one step closer to winning late Democrat’s...

May 20, 2026

Omar breaks silence on alleged fraud connections in...

May 20, 2026

Trump’s endorsement put to the test in Alabama...

May 20, 2026

Trump jolts immigration hawks with surprising defense of...

May 20, 2026

Trump-backed nominees dominate primary contests as president tightens...

May 20, 2026

Mamdani won’t attend Israel Day Parade, breaking decades-long...

May 20, 2026

Squad-endorsed socialist wins heated primary to represent America’s...

May 20, 2026

‘Written in our DNA’: Polish pilots who remember...

May 20, 2026

Newsom’s ‘break the glass’ warning fuels Hilton accusation...

May 20, 2026

Trump-backed senator cruises to primary win, setting up...

May 20, 2026
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!

Latest News

  • House Democrats’ government funding proposal goes down in flames with shutdown deadline in hours

    September 30, 2025
  • House GOP urges Trump to choke off Iran ally’s oil profits as Middle East turmoil spikes US gas prices

    March 13, 2026
  • Biden still regrets dropping out of 2024 presidential race, believes he could have beaten Trump: report

    December 28, 2024
  • Trump touts foreign policy chops at Fox News town hall: ‘I was the toughest on Russia’

    September 5, 2024
  • Harris concedes presidential race, campaign manager sends letter to staff: ‘Losing is unfathomably painful’

    November 6, 2024

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,521)
  • Investing (2,681)
  • Stock (1,028)

Latest Posts

  • Trump backs stock trading ban so lawmakers like Pelosi can’t continue ‘ripping off’ constituents, WH claims

    July 31, 2025
  • EURUSD and GBPUSD: EURUSD stabilizes before the ECB report

    October 14, 2024
  • S&P 500 and VOO stock: Top catalysts to watch this week

    March 15, 2026

Recent Posts

  • Global stocks and bonds rally on US-Iran deal hopes

    May 6, 2026
  • Dollar index in anticipation of NFP and unemployment report

    September 6, 2024
  • HDFC Bank stock falls, but JPMorgan, Jefferies see valuation upside

    March 30, 2026

Editor’s Pick

  • Trump says Biden admin ‘knows what is happening’ on drones

    December 16, 2024
  • UK shares fall as Starmer faces pressure amid Middle East tensions

    May 12, 2026
  • Trump calls Springsteen ‘highly overrated’ after rocker labels him ‘treasonous’ overseas

    May 16, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock