Investor Scott Bessent is Trump’s favorite for Treasury Secretary

by Andrea
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Scott Bessent is described as a talented person with many years of experience in the capital market, who understands the impact of his actions on the market and advocates a policy of less aggressive tariffs.

Newly elected US President Donald Trump is likely to appoint prominent investor Scott Bessent as Treasury Secretary. This was reported by the Reuters agency on Saturday, citing informed sources.

Several prominent personalities from the economic and business sphere of the USA have commented on Scott Bessent. They talk about him as a talented person with many years of experience in the capital market, who understands the impact his actions will have on the market and advocates a policy of less aggressive tariffs. According to them, his many years of experience may be important in connection with concerns about inflation.

Legacy of the Democrats

However, some experts point out that the future president and finance minister will inherit the economy in good condition from the current government, and this may also have an impact on the positive economic performance in the upcoming election period.

Trump’s team did not immediately respond to a request for comment on Bessent’s possible nomination, Reuters noted.

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