Trump's Administration

Scott Bessent Named as Trump's US Treasury Secretary Pick

Scott Bessent, a 62-year-old hedge fund manager and former employee of George Soros, has been nominated by Donald Trump to serve as the next US Treasury Secretary. If confirmed by the Senate, Bessent would be the first openly gay member of a Republican cabinet and the first openly gay Treasury chief in US history. He would be tasked with implementing Trump's economic agenda, including cutting taxes and raising tariffs.
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