Former Soros manager picked for key role in Trump's economic team

Trump ends search for Treasury head by selecting Yale-educated investment expert Scott Bessent. The pick shows Trumpʼs focus on combining Wall Street expertise with his economic plans

November 23 2024 , 07:58 AM  •  106 views

Former Soros manager picked for key role in Trump's economic team

In late-2016 Donald Trump made quick work of filling his administration positions but took extra time choosing his money chief. After careful consideration‚ he selected Scott Bessent – a wall-street veteran with impressive credentials

The high-stakes selection process showed Trumps specific requirements: someone whoʼd match his style share his money-management views and (most importantly) look like a proper treasury boss. Bessent brings solid background to the table – hes a Yale grad who made his name at Soros Fund Management before starting his own investment companies

The soon-to-be treasury chief faces a tricky job ahead: mixing Trump-style economics with real-world money management. His wall-street background and ivy-league education makes him a text-book pick for the job‚ but working with the business-minded president will need some give-and-take