President-elect Donald Trump will name hedge fund mogul Scott Bessent as the next treasury secretary, four sources tell The Post, ending a rough-and-tumble race that saw fierce jockeying among power players across Wall Street.
President-elect Donald Trump announced his nomination of Scott Bessent, a prominent investor and CEO of Key Square Capital Management, for Treasury Secretary.
President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee.
WASHINGTON — President-elect Donald Trump picked Scott Bessent to serve as Treasury secretary Friday, tapping a billionaire hedge fund manager to lead an economic agenda that is expected to be built around raising tariffs and cutting taxes.
WASHINGTON -- President-elect Donald Trump announced Friday that he'll nominate hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next Treasury secretary.
WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary. Bessent is a past supporter of Democrats who has become an enthusiastic supporter of Trump.
WASHINGTON (AP) — President-elect Donald Trump announced Friday that he’ll nominate billionaire hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary, one of several personnel decisions that he unveiled as he closed out the workweek.
Scott Bessent, Donald Trump's pick for Treasury Secretary, is a veteran Wall Street executive who advised Trump during his presidential campaign and has praised his economic agenda of tariffs, lower taxes, and reducing federal regulations.
Donald Trump picks Scott Bessent, a former money manager for Democratic donor George Soros, as Treasury secretary. He also announces choices for Labor, HUD and top budget official.
President-elect Trump plans to nominate hedge fund manager Scott Bessent to be Treasury Secretary. He's been on of Trump's biggest cheerleaders in the financial world.
Trump plans to nominate hedge fund manager Scott Bessent to serve as Treasury Secretary. He'll be tasked with moving big parts of the incoming president's agenda, including tax cuts and tariffs.