Trump nominates Scott Bessent for Treasury Secretary

President-elect Donald Trump announced Scott Bessent as his nominee for Treasury Secretary on Friday. Bessent is described as a prominent international investor and economic strategist, aligning with Trump's "America First" agenda. This nomination follows Trump's recent announcements of other Cabinet picks since his election victory on November 5. Trump emphasized Bessent's advocacy for U.S. economic leadership and his commitment to maintaining the U.S. dollar's status as the world's reserve currency.