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Trump names investor Scott Bessent as Treasury secretary 

5 1
23.11.2024

President-elect Trump on Friday named billionaire investor Scott Bessent to be his Treasury secretary.

Bessent would be the key leader of the president-elect’s economic team, which will be tasked with imposing an aggressive tariff regime meant to shake up global trade while keeping financial markets calm amid the disruption.

Notably, Trump's official announcement of Bessent as his pick did not include any mention of tariffs -- a major campaign promise Trump hammered during his campaign, though "unfair Trade imbalances" was mentioned.

"My Administration will restore Freedom,........

© The Hill


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