Trump nominates hedge fund chief Bessent to lead Treasury

Scott Bessent is expected to play a key role in pushing for a renewal of Trump's 2017 tax cuts through Congress, many of which are set to expire at the end of 2025.

Nov 26, 2024 - 06:00
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Trump nominates hedge fund chief Bessent to lead Treasury
Scott Bessent is expected to play a key role in pushing for a renewal of Trump's 2017 tax cuts through Congress, many of which are set to expire at the end of 2025.