President-elect Trump picks hedge fund manager Scott Bessent as Treasury Secretary nominee.
President-elect Donald Trump has chosen Scott Bessent, a hedge fund manager and former George Soros associate, as his nominee for Treasury Secretary. Bessent, known for his economic advice during Trump's campaign, supports the president-elect's policies on tariffs and tax cuts. If confirmed, Bessent, who is the first openly gay nominee for the role, will face challenges like managing the national debt and extending tax cuts.
November 22, 2024
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