U.S. President-elect Donald Trump announced on Friday that billionaire Scott Bessent has been chosen as his new Treasury Secretary. 💼 Known for his role as CEO of Key Square Group, Bessent brings a wealth of experience in hedge funds and economic strategy to the White House.
In his selection, Trump highlighted Bessent's call for extending the tax cuts from his first term and his vision to reassert American energy dominance. ⚡ Bessent also aims to address the national budget deficit, a key component of Trump's economic agenda.
\"Scott is widely respected as one of the world's foremost international investors and geopolitical and economic strategists,\" Trump stated. 🗣️ \"He will help me usher in a new Golden Age for the United States, as we fortify our position as the world's leading economy. 💪 He will also reinvigorate the private sector and help curb the unsustainable path of federal debt.\"
Bessent's appointment signals a continued focus on strengthening the U.S. economy through strategic investments and fiscal policies aimed at long-term growth and stability. 📈✨
