Reported about 14 hours ago
President-elect Donald Trump quickly selected several Cabinet positions but took more time to choose billionaire investor Scott Bessent as treasury secretary, reflecting both caution and the complexity of economic issues. While Trump aims to align Bessent with his economic vision, including tax cuts and managing national debt, critics argue that Bessent's background contradicts Trump's populist image. Trump's economic strategy, particularly concerning tariffs and tax cuts, continues to raise questions about its feasibility and potential impact on inflation and deficits.
Source: YAHOO