Trump nominates Scott Bessent to lead Treasury in flurry of picks

He also announces nominees for labour secretary, housing secretary and surgeon general.

British Broadcasting CorporationWatchHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveHomeNewsIsrael-Gaza WarWar in UkraineUS ElectionUS & CanadaUKUK PoliticsEnglandN. IrelandN. Ireland PoliticsScotlandScotland PoliticsWalesWales PoliticsAfricaAsiaChinaIndiaAustraliaEuropeLatin AmericaMiddle EastIn PicturesBBC InDepthBBC VerifySportBusinessExecutive LoungeTechnology of BusinessFuture of BusinessInnovationTechnologyScience & HealthArtificial IntelligenceAI v the MindCultureFilm & TVMusicArt & DesignStyleBooksEntertainment NewsArtsArts in MotionTravelDestinationsAfricaAntarcticaAsiaAustralia and PacificCaribbean & BermudaCentral AmericaEuropeMiddle EastNorth AmericaSouth AmericaWorld’s TableCulture & ExperiencesAdventuresThe SpeciaListEarthNatural WondersWeather & ScienceClimate SolutionsSustainable BusinessGreen LivingVideoLiveLive NewsLive SportHomeNewsSportBusinessInnovationCultureArtsTravelEarthVideoLiveAudioWeatherNewslettersTrump nominates Bessent to lead US Treasury in flurry of announcementsGetty ImagesScott Bessent was an early backer of Trump's 2024 presidential bidDonald Trump has nominated Scott Bessent to lead the US Treasury Department, one of the most influential roles in government with wide oversight of tax policy, public debt, international finance and sanctions.

The selection ends what has proven to be one of the more protracted decisions for the president-elect as he assembles his team for a second term.

Bessent, a Wall Street financier who once worked for George Soros, was an early backer of Trump's 2024 bid and brings a relatively conventional resume to the role.

The 62-year-old's nomination on Friday evening kicked-off a series of cabinet announcements and White House appointments that leaves Trump's top team almost complete ahead of his return to the presidency in January.

"Scott is widely respected as one of the World’s foremost International Investors and Geopolitical and Economic Strategists," Trump said in his announcement on Truth Social.

https://www.bbc.com/news/articles/cj3mv6l1ypyo


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