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President-elect Donald Trump’s Treasury secretary pick stands in stark contrast to some of the more controversial and questionable Cabinet picks he’s announced so far. Scott Bessent won’t freak out Wall Street, the industry he’s set to oversee.
“Scott understands markets, economics, people, and geopolitics better than anyone I’ve ever interacted with,” said Kyle Bass, a billionaire hedge fund investor at Hayman Capital Management, in an X post last week.

cnn.com/2024/11/22/economy/tre

@disk4mat Because of course he will nominate a pro when it comes to his own money, which essentially this is.

@JolieSaboteuse

good point! At least one guy seems like a more stable choice.

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