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Article Summary
- Trump selects Scott Bessent for Treasury Secretary position
- Bessent is a former hedge fund manager and ally of George Soros
- Bessent previously worked at the Blackstone Group and Goldman Sachs
- The appointment of Bessent is seen as a move to bring Wall Street experience to the Treasury Department
- Bessent's selection is met with both praise and criticism Tone: Neutral
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Trump Taps Scott Bessent To Serve As Treasury Secretary
President-elect Donald Trump has tapped Scott Bessent, a key campaign fundraiser, as his pick for Treasury secretary. If confirmed, Bessent will oversee fiscal policies amid ongoing concerns about inflation, a major issue for voters in the recent election.
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