Scott Bessent sat directly to Donald Trump’s left as the then presidential candidate laid out his economic agenda to a roomful of Wall Street bigwigs at the Economic Club of New York in September.
Following his nomination to the top job at the US Treasury department, Bessent will now move into the spotlight as the most important economic official in the Trump administration.
Trump’s decision to tap the hedge fund manager comes after a tumultuous fight for the Treasury post, which saw the president-elect expand his search at the eleventh-hour after bitter infighting between Bessent’s camp and another top contender, billionaire investor Howard Lutnick.
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