Presidential Transition (US) – Page 10

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.

By Alan Rappeport and Ana Swanson

Appointments and Executive Changes Banking and Financial Institutions Bessent, Scott internal-storyline-no Lutnick, Howard W Musk, Elon Powell, Jerome H Presidential Election of 2024 Presidential Transition (US) Regulation and Deregulation of Industry Soros, George Trump, Donald J United States Economy

The Markets Cheer Trump’s Treasury Pick, Scott Bessent

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Bessent, Scott Democratic Party Presidential Transition (US) Republican Party Treasury Department Trump, Donald J United States Economy United States Politics and Government

How Scott Bessent Went From Democratic Donor to Trump Treasury Secretary Pick

The hedge fund investor predicted last year that President-elect Donald J. Trump’s political fortunes were on the rise.

By Alan Rappeport

Appointments and Executive Changes Bessent, Scott Lutnick, Howard W Presidential Election of 2024 Presidential Transition (US) United States Politics and Government

Stock for Sale by Cabinet Members

Trump’s picks for Treasury secretary and commerce secretary both lead Wall Street firms. Here’s what that could mean for their finances and businesses.

By Lauren Hirsch

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