Investor Scott Bessent, a supporter of deregulation and price range reduction, turned into appointed Treasury secretary via President-go with Donald Trump. The billionaire hedge fund supervisor become selected with the aid of Trump to spearhead an financial strategy that is expected to be centered on tax cuts and tariff hikes.
Who is Trump’s Treasury Secretary nominee, Scott Bessent?
American educator, philanthropist, and investor Scott Bessent.He founded Key Square Group and serves as its CEO. Scott Bessent, a former officer with the management of the Soros Fund, has been an outspoken advocate of the former president’s policies in recent years, including budget cuts and tariffs.
Bessent, a native of South Carolina, went to Yale University with the intention of becoming a journalist, but he changed his mind after failing to secure the position of editor of the Yale Daily News. According to CBS News, Bessent told his university’s alumni magazine that he had landed an internship with money manager Jim Rogers, who was George Soros’ first partner and co-founder of the Quantum Fund.
From Democrat to Trump advisor, Scott Bessent
Bessent has a long history in business and has advised Donald Trump’s campaign on economic matters. According to a CBS News article, he worked as chief investment officer at the Soros Fund and at other hedge funds, where he assessed macroeconomic and geopolitical risks. Bessent has two kids with his spouse.
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