Tag: Treasury
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Trump selects treasury secretary, labor secretary and other positions
Trump selects treasury secretary, labor secretary and other positions – CBS News Watch CBS News President-elect Donald Trump selected hedge fund CEO Scott Bessent as treasury secretary, Oregon Rep. Lori Chavez-DeRemer as labor secretary, former Office of Management and Budget Director Russell Vought to the same role, and Dr. Janette Nesheiwat as surgeon general. CBS…
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Who is Scott Bessent? What you need to know about Trump’s Treasury secretary pick.
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 years has been a vocal supporter of the former president’s policies, from tariffs to spending cuts. If confirmed, Bessent would follow Janet Yellen, a labor economist…
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Trump expected to select Scott Bessent for Treasury secretary, source says
CBS News 24/7 Live President-elect Donald Trump is expected to nominate hedge fund CEO Scott Bessent to be treasury secretary, a source familiar with the decision told CBS News. The founder of Connecticut-based hedge fund Key Square Group, the 62-year-old Bessent had been making a full-court press for the post to Trump, according to a…