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Article Summary
- President Trump has chosen Scott Bessent for a key position at the Treasury Department
- Bessent has a background in finance and investment management
- He previously worked at George Soros' hedge fund
- Bessent will be focused on international finance and economic policy
- The appointment is seen as a strategic move by Trump to bolster his economic team Tone: Neutral
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Trump Taps Scott Bessent For High-stakes Treasury Chief: What To Know
President-elect Trump selected billionaire investor Scott Bessent to lead the Treasury Department on Friday as the former president continues to call for an increase in tariffs and major shifts in the countrys global trade operations. Bessent raked in profits as the founder of hedge fund Key Square Group, and he helped finance Trumps second campaign...
https://thehill.com/business/5006200-trump-taps-sc...
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