Trump nominates Scott Bessent for Treasury secretary

Insider

Summary

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The Republican not only wanted someone who jibes with him, but an official who can execute his economic vision and look straight out of central casting while doing so.
CTV News
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Trump expects him to help reset the global trade order, enable trillions of dollars in tax cuts, ensure inflation stays in check, manage a ballooning national debt and still keep the financial markets confident.
HuffPost
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The 62-year-old founder of the Key Square Capital Management hedge fund will have to implement a sometimes contradictory policy of controlled inflation, deficit reduction and tariff hikes.
Le Monde
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Since 2016 Bessent has provided significant financial support to Trump, and during the 2024 election cycle he joined the Republican presidential nominee at campaign rallies and served as one of his economic advisors.
Newsweek

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