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Trump appoints billionaire banker as UK ambassador

The Independent

|

December 03, 2024

Donald Trump has named billionaire investment banker Warren Stephens as his ambassador to the UK.

- TOM WATLING

Trump appoints billionaire banker as UK ambassador

In a message on his Truth Social platform, the president-elect described the banker as "one of the most successful businessmen in the country" before describing the UK as among its "most cherished and beloved Allies".

Mr Stephens, 67, is a Republican donor who previously campaigned against Mr Trump, before financially backing him at this year’s election.

It is a prestigious posting for the Republican donor who has no experience in government but whose contributions this year included $2m (£1.6m) to a Trump-backing super PAC (political action committee) donations vehicle.

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