Reported about 6 hours ago
Scott Bessent, previously unknown in Republican circles, gained Donald Trump's nomination for Treasury secretary by appealing to both MAGA populists and Wall Street figures. His ability to navigate this dual support reflects his unique background; a former hedge fund executive with ties to Trump's advisors and a commitment to policies aimed at boosting economic output. As he prepares for his confirmation hearing, Bessent faces challenges ahead, including managing relations with a volatile president and addressing concerns about Trump's economic agenda while maintaining market confidence.
Source: YAHOO