Billionaire financier Bessent confirmed as Trump's treasury chief

Billionaire hedge fund manager Scott Bessent has been confirmed as US Treasury secretary, tasked with implementing Donald Trump's economic policies including tax cuts and tariffs. Bessent supports strengthening the dollar, securing supply chains, and imposing tougher sanctions on Russia and a hawkish stance on China.

Jan 27, 2025 - 19:15
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Billionaire financier Bessent confirmed as Trump's treasury chief
Billionaire hedge fund manager Scott Bessent has been confirmed as US Treasury secretary, tasked with implementing Donald Trump's economic policies including tax cuts and tariffs. Bessent supports strengthening the dollar, securing supply chains, and imposing tougher sanctions on Russia and a hawkish stance on China.

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