Donald Trump Names Billionaire Scott Bessent as Treasury Secretary
“Scott is widely respected as one of the world’s foremost international investors and geopolitical and economic strategists,” Trump said in a statement. “He will help me usher in a new Golden Age for the United States, as we fortify our position as the world’s leading economy.”
Bessent, currently the CEO of Key Square Group, is known for his sharp investment acumen and strategic insights. He has been vocal about extending tax cuts from Trump’s first term, reasserting American energy dominance, and addressing the nation’s budget deficit.
With a focus on revitalizing the private sector and curbing federal debt, Bessent’s appointment reflects Trump’s commitment to executing an agenda promising tax cuts and tariffs aimed at boosting the U.S. economy.
“He will help reinvigorate the private sector and help curb the unsustainable path of federal debt,” Trump added.
The selection of Bessent, a seasoned figure in global finance, is expected to influence economic policy decisions that could have significant impacts both domestically and internationally.
Reference(s):
cgtn.com
