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    Trump picks hedge-fund investor Scott Bessent for treasury secretary

    Trump picks hedge-fund investor Scott Bessent for treasury secretary



    Job is one of most powerful in Washington with huge influence over US economy and financial marketsTrump’s administration and White House staffing picks and likely contenders – so farDonald Trump will nominate Scott Bessent, a longtime hedge-fund investor who taught at Yale University for several years, to be his treasury secretary, according to media reports on Friday. The job is one of the most powerful in Washington, with huge influence over America’s gigantic economy and financial markets.Bloomberg and the Wall Street Journal cited people familiar with the matter. Continue reading…



    Source link : https://www.theguardian.com/us-news/2024/nov/22/trump-cabinet-treasury-secretary-scott-bessent

    Author : Guardian staff

    Publish date : 2024-11-22 23:26:00

    Copyright for syndicated content belongs to the linked Source.

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