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International Business Times
International Business Times
Business

Lawmakers Set To Confirm Scott Bessent For US Treasury Chief

Scott Bessent Donald Trump United States The US Senate George Soros Roger Stone
Billionaire hedge fund manager Scott Bessent is a Wall Street veteran who was born and raised in South Carolina (Credit: AFP)

The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump's economic agenda -- which is already sparking global jitters.

Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president's tax cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status.

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