Billionaire Scott Bessent, who once worked for George Soros, is Trump's pick for Treasury secretary. Who is he?
Scott Bessent, an advocate for deficit reduction and deregulation, to serve as Treasury secretary. Trump picked the billionaire hedge fund manager to lead an economic agenda that is expected to be built around raising tariffs and cutting taxes.
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“Scott has long been a strong advocate of the America First Agenda. On the eve of our Great Country’s 250th Anniversary, he will help me usher in a new Golden Age for the United States, as we fortify our position as the World’s leading Economy, Center of Innovation and Entrepreneurialism, Destination for Capital, while always, and without question, maintaining the U.S. Dollar as the Reserve Currency of the World,” Trump said in a statement announcing the pick Friday.
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Who is Scott Bessent, Trump's pick for Treasury secretary?
Scott Bessent is an American investor, philanthropist, and educator. He is the Founder and CEO of Key Square Group. A former executive with Soros Fund management, Scott Bessent in recent years has been a vocal supporter of the former president's policies, from tariffs to spending cuts.
Bessent, who is from South Carolina, attended Yale University and sought to become a journalist, but when he didn't get the post as editor of the Yale Daily News, he changed direction. Bessent secured an
