Trump picks hedge-fund investor Scott Bessent for treasury secretary – reports

Job is one of most powerful in Washington with huge influence over US economy and financial markets

Donald Trump will nominate Scott Bessent, a longtime hedge-fund investor who taught at Yale University for several years, to be his treasury secretary, according to media reports on Friday. The job is one of the most powerful in Washington, with huge influence over America’s gigantic economy and financial markets.

Bloomberg and the Wall Street Journal cited people familiar with the matter.

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