US

Trump nominates billionaire investment banker to be US ambassador to UK

US President-elect Donald Trump has nominated investment banker Warren Stephens to be his ambassador to the UK.

Mr Trump made the announcement in a post on social media, calling him “one of the most successful businessmen in the country”.

Mr Stephens is chairman, president, and CEO of Stephens Inc, a privately owned financial services company with its headquarters in Little Rock, Arkansas, according to the firm’s website.

Mr Trump said his pick for ambassador “has built a wonderful financial services firm, while selflessly giving back to his community as a philanthropist”.

He added: “Warren has always dreamed of serving the United States full-time. I am thrilled that he will now have that opportunity as the top diplomat, representing the USA to one of America’s most cherished and beloved allies.”

Read more US news:
President Biden issues pardon for son Hunter

This breaking news story is being updated and more details will be published shortly.

More from US

Please refresh the page for the fullest version.

You can receive breaking news alerts on a smartphone or tablet via the Sky News app. You can also follow us on WhatsApp and subscribe to our YouTube channel to keep up with the latest news.

Articles You May Like

Inside the UK’s ‘wild west’ court system
Trump plans to appoint son-in-law’s dad as ambassador to France
Elon Musk asks court to block OpenAI from converting to a for-profit
Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm
Ohtani seeks baseball cards from ex-interpreter