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    Home > Headlines > US Senate confirms billionaire businessman Stephens as ambassador to Britain
    Headlines

    US Senate confirms billionaire businessman Stephens as ambassador to Britain

    Published by Global Banking & Finance Review®

    Posted on April 29, 2025

    1 min read

    Last updated: January 24, 2026

    US Senate confirms billionaire businessman Stephens as ambassador to Britain - Headlines news and analysis from Global Banking & Finance Review
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    Quick Summary

    The US Senate confirmed Warren Stephens as ambassador to Britain, aiming to strengthen US-UK relations amid Brexit and trade negotiations.

    US Senate Confirms Warren Stephens as UK Ambassador

    WASHINGTON (Reuters) -The U.S. Senate on Tuesday confirmed billionaire investment banker Warren Stephens to be ambassador to Britain, backing President Donald Trump's nominee by 59 to 39.

    Stephens is chairman, president, and CEO of Stephens Inc., a privately owned financial services firm headquartered in Little Rock, Arkansas. He is a longtime contributor to Republican candidates, including Trump, having donated millions of dollars to support his campaigns and 2025 inauguration fund.

    U.S. presidents often name major donors to the prestigious post in London. During Trump's first term in the White House, Woody Johnson, the owner of the New York Jets National Football League team, held the post.

    Stephens will represent the United States in London as Prime Minister Keir Starmer's government seeks to reset ties with the European Union after Brexit, when Britain left the EU in 2020, following Trump's upending of security and trade alliances.

    Starmer's government is also seeking an improved economic deal with Washington to lower some of the tariffs Trump has imposed on imported goods.

    (Reporting by Patricia Zengerle; Editing by Sandra Maler)

    Key Takeaways

    • •Warren Stephens confirmed as US ambassador to Britain.
    • •Stephens is a major donor to Republican campaigns.
    • •He will represent the US as UK seeks EU ties reset.
    • •Trump's tariffs on UK goods are under negotiation.
    • •Stephens Inc. is a leading financial services firm.

    Frequently Asked Questions about US Senate confirms billionaire businessman Stephens as ambassador to Britain

    1What is the main topic?

    The article discusses the US Senate's confirmation of Warren Stephens as ambassador to Britain, focusing on US-UK relations.

    2Who is Warren Stephens?

    Warren Stephens is a billionaire investment banker and chairman of Stephens Inc., confirmed as US ambassador to Britain.

    3What is the significance of this appointment?

    Stephens' appointment aims to strengthen US-UK relations, especially post-Brexit, and address trade tariffs imposed by Trump.

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