Ahead of his confirmation hearing for Treasury, billionaire hedge-fund manager Scott Bessent outlined holdings that could pose a conflict of interest and said he would divest.

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

Scott Bessent, the investor selected by President-elect Donald Trump to be his Treasury secretary, will divest from his Key Square Group hedge fund and other investments, according to a letter to the Treasury Department's ethics office.

President-elect Donald J. Trumps nominee for Treasury Secretary, Scott Bessent, is preparing to divest from numerous funds and investments to avoid potential conflicts of interest, according to The New York Times.

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

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

The U.S. Senate Finance Committee on Friday said it will hold a Jan. 16 nomination hearing on President-elect Donald Trump's nominee to lead the U.S. Treasury Department, Scott Bessent.

US President-elect Donald Trump’s nominee for Treasury Secretary, Scott Bessent, is set for a confirmation hearing on Jan. 16, according to the Senate Finance Committee.