Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.

President-elect Donald Trumps Treasury Secretary nominee, Scott Bessent, is preparing for his new role by divesting from various funds, trusts, and investments. According to The New York Times, Bessent has outlined

When President-elect Donald Trump takes office this month, he’s vowed to begin making major changes—for better or worse—on day one. To lead the nation’s economy, Trump has chosen Cantor Fitzgerald Chairman and CEO Howard Lutnick as Secretary of Commerce and hedge fund manager Scott Bessent as Secretary of the Treasury.

The new Secretary of Treasury has a strong fundamental view of markets and leans pro Bitcoin and cryptocurrency.

In a letter to the Treasury Department's ethics office, the money manager outlined the steps he would take to "avoid any actual or apparent conflict of interest in the event that I am confirmed for the position of Secretary of the Department of Treasury,

Bessent aims to maintain the strength of the U.S. economy with an adapted version of former Japanese Prime Minister Shinzo Abe’s “Three Arrows” approach.

The U.S. Senate Finance Committee is planning a Jan. 16 hearing on President-elect Donald Trump's nominee to lead the U.S. Treasury Department, Scott Bessent, Politico reported on Thursday, citing three unnamed sources familiar with the panel's plans.

President-elect Donald Trump’s nominee for Treasury Secretary, Scott Bessent, will divest from dozens of funds, trust, and investments to take the post if he is confirmed, The New York Times reported Saturday,