Trump names billionaire Warren Stephens as US envoy to UK

He added, “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.” The appointment will require Senate confirmation.

Stephens, a prominent Republican donor, contributed $2 million to a pro-Trump super PAC during the 2024 campaign. He is the chairman, president, and CEO of Stephens Inc., a financial services firm based in Little Rock, Arkansas, which he inherited from his father.

This announcement comes as Trump continues to fill key Cabinet and diplomatic positions, often drawing from a pool of loyalists and significant contributors. Over the weekend, he revealed plans to nominate Charles Kushner, the real estate developer and father of his son-in-law Jared Kushner, as ambassador to France.

During Trump’s first presidency, the position of US ambassador to the Court of St James’s was held by Robert “Woody” Johnson, a campaign donor and owner of the New York Jets football team.

(with inputs from AP)