Trump offers Treasury secretary position to billionaire Scott Bessent
kcra.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 suggested a gradual approach to tariffs, differing from Trump's earlier proposals for high tariffs on imports. Since Trump's election, the U.S. dollar has risen to a one-year high, reflecting investor confidence in U.S. leadership and economic policies.