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International Business Times
International Business Times
Business
Marvie Basilan

Scott Bessent – Is The Trump Treasury Secretary Potential Pick Good For Crypto?

If Trump picks Scott Bessent to lead the Treasury, will he be good for the crypto industry? (Credit: Pixabay)

KEY POINTS

  • Bessent is a well-known investor who has reportedly been invited to Mar-a-Lago for 'meetings'
  • Polymarket bettors have Bessent's odds at a staggering 85% as Trump's potential Treasury Secretary pick
  • Bessent has made some positive comments about crypto and Bitcoin in the past

President-elect Donald Trump is busy getting his cabinet sorted out, and one of the leading names emerging in the cryptocurrency space is Scott Bessent, who is reportedly the Republican leader's pick for Treasury Secretary.

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