Trump Names Scott Bessent as Treasury Secretary Amid $36 Trillion Debt, $92 Billion Tariff Revenue, and Crypto Shift
President-elect Donald Trump named Scott Bessent, 62, as Treasury Secretary on Friday, selecting a Wall Street veteran who manages the billions of dollar Key Square Capital Management fund. The appointment comes as the dollar hit a one-year high and Trump prepares to implement a sweeping economic agenda including 60% tariffs on Chinese goods and 10% ...