Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.
Posted inBanking and Financial Institutions Bessent, Scott Currency Government Bonds Presidential Election of 2024 Quantum Fund Soros Fund Management Soros, George Stocks and Bonds Treasury Department United States Economy

Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.
Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
Posted inBessent, Scott Commerce Department Customs (Tariff) Lutnick, Howard W Presidential Election of 2024 Presidential Transition (US) Private Equity Protectionism (Trade) Tax Cuts and Jobs Act (2017) Taxation Treasury Department Trump, Donald J United States Economy United States Politics and Government

Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?

The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.