"Scott has long been a strong advocate of the America First Agenda," Trump said in a statement. He emphasized Bessent's role in advancing the U.S. economy while maintaining the Dollar's status globally.
Bessent, 62, is the founder of Key Square Capital Management. His past resume includes stints at Soros Fund Management, which may concern more traditional supporters of Trump's agenda.
Despite his Republican donations, Bessent has also contributed to Democrats including Al Gore and Hillary Clinton, a duality that may create tensions within Trump's base.
Trump's nomination of Bessent highlights a historic moment, as Bessent would be the first openly gay member of the LGBTQ+ community to serve as Treasury Secretary, showcasing a surprising shift in representation.
Collection
[
|
...
]