Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

By CNBC   |   1 year ago
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

President-elect Donald Trump plans to nominate Scott Bessent, founder of Key Square Group LP, as Treasury secretary. Bessent, a Wall Street heavyweight, is expected to support Trump's economic goals, including tariffs and deregulation. He faces scrutiny for his past ties to George Soros.

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