Washington, Dec 3 (IANS) – US President-elect Donald Trump has nominated Warren A. Stephens, a prominent investment banker and CEO of Stephens Inc., as the next US Ambassador to the Court of St. James's in the United Kingdom.
Trump made the announcement on Truth Social, describing Stephens as a trusted ally who will represent US interests in one of its closest diplomatic relationships.
Key Highlights
Political and Financial Influence:
Stephens, 67, is a longtime Republican donor who contributed millions to Trump’s 2020 and 2024 presidential campaigns.
Past Opposition to Trump:
Despite his current support, Stephens initially opposed Trump during the 2016 election, backing efforts to block his nomination.
Support for Nikki Haley:
During the 2024 Republican primaries, Stephens was a major donor to Nikki Haley, the former US Ambassador to the United Nations, before she withdrew and endorsed Trump.
Stephens' Statement
In response to his nomination, Stephens expressed gratitude and commitment to serving the administration:
"I would be extremely proud to serve our country, working to implement the President's agenda and further strengthen the long-standing alliance between the United States and the United Kingdom."
Challenges Ahead
As ambassador, Stephens will be tasked with navigating:
Post-Brexit trade relations between the US and UK.
Cooperation on defense and intelligence through NATO.
Managing economic ties amid shifting global alliances, particularly with the UK exploring closer ties with BRICS nations.
Stephens' background in finance and investment is expected to play a key role in fostering economic cooperation between the two nations.