Trump Heeds Wall Street Scott Bessent as Treasury Sec

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The Tariff King:


“Scott is widely respected as one of the world’s foremost international investors and geopolitical and economic strategists,” Trump said in a statement late on Friday.

In the heat of the 2000 presidential campaign, Vice President Al Gore took a break from barnstorming battleground states to attend a fund-raiser for the Democratic National Committee in East Hampton, N.Y. Standing behind Mr. Gore onstage was Scott Bessent, a hedge fund manager and — at the time — a major donor to Democrats who co-hosted the event at his home.

The selection caps an extraordinary career arc for an investor who was once a protégé of the liberal billionaire philanthropist George Soros and who gave money to top Democrats including Hillary Clinton, John Kerry and Barack Obama.

He noted that Mr. Bessent, who would be the first openly gay Treasury secretary, was a strong advocate for gay rights and marriage equality.

Mr. Bessent, 62, declined to be interviewed.


Related: After Six Years of Tariffs, Small-Business Owners Aren't Eager for More



 
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He was a partner at Soros Fund Management

Bessent returned to Soros Fund Management and was chief investment officer from 2011 to 2015
 
oh no he "Heeds" from "the Wall Street"? sigh...sometimes it's too obvious.

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