• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Trump diplomats to Turkey, UK confirmed as Houston Rockets owner awaits late Senate vote

by April 30, 2025
by April 30, 2025

Two of President Donald Trump’s diplomatic nominees were confirmed by the Senate on Tuesday, as a prominent NBA team owner awaited a late evening vote on his own confirmation.

Investors Tom Barrack and Warren Stephens were up for ambassadorship posts to Turkey, and the United Kingdom and Northern Ireland respectively.

Tilman Fertitta, owner of the Houston Rockets and CEO of Landry’s Restaurants group will face a confirmation vote later in the evening in the upper chamber to be President Donald Trump’s ambassador to Italy and San Marino.

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
Dem senators rip GOP’s ‘Silence of the Lambs’ as Trump marks 100th day
next post
Trump touts ‘most successful’ first 100 days in presidential history during Michigan rally

Related Posts

Immigration Arrest Quotas Undermine ICE’s Mission

February 9, 2026

Liberty Eroding, Gold Rising: 30 Years of Warning

February 9, 2026

Whispering death: Army’s new M1E3 Abrams tank is...

February 9, 2026

DAVID MARCUS: In rural Virginia, mixed signals for...

February 9, 2026

North Korea executed teens for listening to K-pop,...

February 9, 2026

Iran’s top diplomat says nation’s power lies in...

February 9, 2026

The world’s top nuclear powers have no arsenal...

February 9, 2026

Trump says nuclear talks in Oman were ‘very...

February 8, 2026

Ambassador Mike Waltz lays out ‘America First’ vision...

February 8, 2026

Russia to ‘interrogate’ two suspects in attempted assassination...

February 8, 2026

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Lyft rolls out teen ride accounts across the USA to close gap with Uber

    February 10, 2026
  • What analysts think of Novo, Him & Hers after obesity pill withdrawal

    February 10, 2026
  • US stocks open in the red: Dow down over 100 points, Nasdaq slips 0.4%

    February 10, 2026
  • Why Nvidia stock is rallying another 4% early on Monday

    February 10, 2026
  • Apollo Global nears $3.4B loan to lease Nvidia chips to Elon Musk’s xAI: report

    February 10, 2026
  • Commodity wrap: gold back above $5,000/oz, oil reverses losses

    February 10, 2026

Editors’ Picks

  • 1

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 2

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 3

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • ‘The Value of Others’ Isn’t Especially Valuable

    April 17, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (4,075)
  • Editor's Pick (449)
  • Investing (520)
  • Stock (2,714)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Inside the sea war to contain ‘dark...

January 10, 2026

Coffee Business: Beans, Houses, and the Great...

September 3, 2025

‘Right down the line’: Medicaid reform in...

June 8, 2025