Trump appoints Hedge Fund Manager Scott Bessent as Treasury Chief US President-elect Donald Trump has appointed billionaire hedge fund manager Scott Bessent as his Treasury Secretary. Bessent, the CEO of Key Square Group, has a strong track record as an international investor and economic strategist, and he will be tasked with executing Trump's economic agenda, which includes tax cuts, tariffs, and addressing the US budget deficit. Trump praised Bessent's expertise, stating, "Scott is widely respected as one of the world’s foremost international investors and geopolitical and economic strategists." He added that...