Trump Selects Scott Bessent as Treasury Secretary After Deliberation
TL;DR Summary
Donald Trump has nominated hedge fund manager Scott Bessent as Treasury Secretary, a move that aligns with Trump's economic agenda of deregulation and tax cuts. Bessent, a former George Soros protege, has been a key economic adviser to Trump and is known for his Wall Street expertise. His nomination has drawn mixed reactions, with praise from Republicans and criticism from Democrats and progressive groups who view it as favoring wealthy interests. If confirmed, Bessent would be among the first openly gay Cabinet officials.
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- Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary The Hill
- Trump Taps Investor Scott Bessent as Treasury Secretary The New York Times
- Exclusive | Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair The Wall Street Journal
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