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Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets.
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Budget, Debt: Donald Trump's Treasury Chief Faces Urgent Challenges
One pressing concern for Scott Bessent will be "how to navigate a desire for more protectionism while avoiding a global trade war," EY chief economist Gregory Daco said.
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Trump Names Billionaire Hedge Fund Manager Scott Bessent As Treasury Chief
US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.
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Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the dollar, as traders trim bets that the return of Donald Trump will send tremors throughout global markets.
-
Budget, Debt: Donald Trump's Treasury Chief Faces Urgent Challenges
One pressing concern for Scott Bessent will be "how to navigate a desire for more protectionism while avoiding a global trade war," EY chief economist Gregory Daco said.
-
Trump Names Billionaire Hedge Fund Manager Scott Bessent As Treasury Chief
US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.
