If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary.
Bessent, 62, is the founder of hedge fund Key Square Capital Management, after having worked on and off for Soros Fund Management since 1991.Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024.
Trump also said he would nominate Russel Vought to lead the Office of Management and Budget, a position Vought held during Trump’s first presidency.Bessent, 62, is the founder of hedge fund Key Square Capital Management, after having worked on and off for Soros Fund Management since 1991. He told Bloomberg in August that he decided to join Trump’s campaign in part to attack the mounting U.S. national debt. That would include slashing government programs and other spending.
61 years after the death of President John F. Kennedy in Dallas, President-elect Donald Trump has promised to release the last of the JFK files.
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