Trump offers Treasury secretary position to billionaire Scott Bessent
wcvb.com —
President-elect Donald Trump has offered the Treasury secretary position to billionaire Scott Bessent. Bessent, 62, is the founder of Key Square Capital Management and previously worked at Soros Fund Management. Bessent advised Trump on economic policy during the campaign. He has expressed support for deregulation and tax cuts but has not mentioned tariffs in his recent writings. While Trump previously promised high tariffs on imports, Bessent has suggested a more gradual approach to avoid inflation. The U.S. dollar has risen since Trump's election, reflecting investor confidence.