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Trump appoints Scott Bessent as Treasury Secretary amid economic challenges

Trump has appointed hedge fund manager Scott Bessent as Treasury Secretary, leveraging his investment expertise to navigate a slowing global economy and the dollar's status. Bessent advocates for bank deregulation and supports a friendlier approach to cryptocurrency, earning praise from Republicans and Wall Street figures, while facing criticism from Democrats and progressive groups for his ties to the financial elite.
POLITICO
British Pound Sterling Japanese Yen Fox Business JPN GBR Mike Crapo Henry Paulson Ron Wyden Scott Bessent George Soros Steve Bannon Tony Carrk Show more
Finance & Economy, News Article
00:33 23.11.2024
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