Here S What We Know About The Us China Tariff Agreement Cnn Business On november 22, 2024, president elect trump announced his nomination of bessent for treasury secretary in the second trump administration. bessent was confirmed by the united states senate on january 27, 2025, by a 68–29 vote, and sworn in as the 79th u.s. treasury secretary on january 28. Scott bessent is the secretary of the treasury in the second administration of u.s. pres. donald trump. a former hedge fund manager who worked with liberal billionaire philanthropist george soros, bessent has been trump’s key negotiator on economic matters, especially tariffs.
Opinion Are Trump S New Tariffs Against China A Legitimate Strategy Bessent is a frequent contributor to economic journals and business publications. previously, mr. bessent served as chief executive officer and chief investment officer of key square capital management, a global hedge fund focused on macro investing that he founded in 2015. Mr. bessent is a long time advocate, supporter and mentor of financial literacy and education programs. he, his spouse and two children reside in washington, dc and charleston, south carolina. Here's what to know about the treasury secretary pick bessent, who heads into his confirmation hearing and may become the first senate approved lgbtq member in a republican cabinet. President elect donald trump on friday announced hedge fund billionaire scott bessent as his pick for u.s. treasury secretary, choosing a former executive with soros fund management who in recent.
Trump Takes Aim At Next Tariff Target China Wsj Here's what to know about the treasury secretary pick bessent, who heads into his confirmation hearing and may become the first senate approved lgbtq member in a republican cabinet. President elect donald trump on friday announced hedge fund billionaire scott bessent as his pick for u.s. treasury secretary, choosing a former executive with soros fund management who in recent. The u.s. senate confirmed billionaire investor scott bessent on monday to serve as president donald trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth. Treasury secretary scott bessent made his inaugural visit to the irs as acting commissioner on thursday, after he replaced billy long last week. why it matters: bessent is formally asserting his control over the agency. he's the sixth acting head of the agency during the trump administration. View cnn’s fast facts on scott bessent and learn more about the treasury secretary. Mr. bessent, 62, has spent nearly four decades as a trader or chief investment officer at hedge funds, including two stints running his own firm. but he has also recently fallen out of prominence.
Watch Us Announces Agreement To Roll Back Tariffs With China Cnn The u.s. senate confirmed billionaire investor scott bessent on monday to serve as president donald trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth. Treasury secretary scott bessent made his inaugural visit to the irs as acting commissioner on thursday, after he replaced billy long last week. why it matters: bessent is formally asserting his control over the agency. he's the sixth acting head of the agency during the trump administration. View cnn’s fast facts on scott bessent and learn more about the treasury secretary. Mr. bessent, 62, has spent nearly four decades as a trader or chief investment officer at hedge funds, including two stints running his own firm. but he has also recently fallen out of prominence.
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