Scott Bessent Emerges as Leading Candidate for Treasury Secretary
TL;DR Summary
Scott Bessent and Howard Lutnick are leading candidates for Treasury Secretary in Donald Trump's administration after John Paulson withdrew due to financial obligations. Bessent, a former Soros investment officer, advocates for significant government spending cuts and deregulation, while Lutnick is co-chair of Trump's transition team. Paulson, a major Trump fundraiser, will continue advising Trump's economic team despite not taking the role.
- Bessent and Lutnick lead Trump Treasury job race after Paulson exits Financial Times
- What To Know About Scott Bessent: Potential Trump Treasury Pick Founded Key Square Hedge Fund Forbes
- What does America’s next treasury secretary believe? The Economist
- Trump backer John Paulson bows out as possible Treasury secretary pick CNBC
- Key Advisers to Trump Back Bessent for Treasury Secretary Bloomberg
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