Trump to nominate hedge fund manager Scott Bessent as Treasury Secretary
1 month ago

Trump to nominate hedge fund manager Scott Bessent as Treasury Secretary

NPR  

Trump to nominate hedge fund manager Scott Bessent as Treasury Secretary President-elect Trump plans to nominate hedge fund manager Scott Bessent to be Treasury Secretary. SCOTT SIMON, HOST: President-elect Trump has announced that hedge fund manager Scott Bessent is his choice for Treasury secretary. Bessent has also championed Trump's call for deregulation and for increased domestic energy production as a way to bring down costs. HORSLEY: Yeah, Bessent has defended Trump's proposal to slap taxes on all imports, even though most economists say that would likely raise prices for U.S. businesses and consumers.

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