Donald Trump has officially selected Scott Bessent, a hedge fund expert, as his Treasury Secretary

Donald Trump has officially selected Scott Bessent, a hedge fund expert, as his Treasury Secretary
Donald Trump has officially selected Scott Bessent, a hedge fund expert, as his Treasury Secretary
Donald Trump has officially selected Scott Bessent, a hedge fund expert, as his Treasury Secretary


 Scott Bessent is now the Treasury Secretary. Bessent backs Trump's economic perspectives, whereas Musk prefers Howard Lutnick for an innovative strategy. Donald Trump has officially selected Scott Bessent, a hedge fund expert, as his Treasury Secretary. The choice concluded an intense hunt for the role, with many prominent candidates vying for the position. Elon Musk, the CEO of Tesla, had previously shared his opinions on the issue. Musk openly supported Howard Lutnick as a potential candidate for implementing needed reforms, highlighting the difference in approach between Lutnick and the more conventional stance of Bessent.

Trump selects Scott Bessent as treasury secretary.

Bessent, the creator of Key Square Group, has consistently voiced his support for Trump’s economic strategies, particularly his pro-tariff position. The 62-year-old's selection was finalized following a discussion with Trump at Mar-a-Lago, as per CNN. Scott will collaborate with me to enhance America for all citizens. "Scott, Robin, and Solomon, congratulations," stated the President-elect.

"More people sharing opinions for @realDonaldTrump to review would be interesting," Musk tweeted earlier.

"In my opinion, Bessent is a traditional choice, while Lutnick will bring about change." Business-as-usual is causing America to go bankrupt, so we must make changes, he stated. On the contrary, Trump commended Scott Bessent for his dedication to the "America First" plan, believing that Bessent would aid in ushering the country into a fresh economic period, positioning the U.S. as a worldwide economic powerhouse. In a statement to CNN, the new President stated that he will assist in bringing about a new Golden Era for the United States. This includes strengthening our position as the top economy in the world, a hub for innovation and entrepreneurship, and a preferred location for investments. This will be done while also ensuring the security and prosperity of the United States. "The Dollar as the Global Reserve Currency."

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