Reported about 9 hours ago
President-elect Donald Trump has announced Scott Bessent, an influential investor and campaign partner, as his nominee for Treasury Secretary. Bessent, known for his strong advocacy of the America First agenda, was considered a frontrunner throughout a competitive selection process. Tasked with stabilizing US and global markets while implementing parts of Trump’s economic plan, Bessent faces significant challenges ahead, particularly regarding controversial tariffs and deficit spending.
Source: YAHOO