Arkansas GOP Sen. Tom Cotton spoke in favor of Stephens, an investment banker from his home state, describing him as a “family man, businessman, philanthropist, and patriot.”
Stephens served as President and CEO of Stephens Inc., a Little Rock-based investment banking business, until January.
According to Federal Election Commission records, Stephens donated $1 million to “Our Principles PAC,” a nonprofit that opposed Trump’s first presidential campaign.
“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 U.S.A. to one of America’s most cherished and beloved Allies,” Trump said in December.
The Senate confirmed Barrack, a private equity executive and longtime Trump ally, in 60-36 vote on Tuesday.