Wealthy hedge fund executive Scott Bessent is set for a confirmation hearing for treasury secretary, revealing his vast assets and property ownership spanning from North Dakota to the Bahamas. President-elect Donald Trump's administration is notably one of the wealthiest in history, with nearly a dozen officials worth at least $1 billion individually or combined with their spouses' assets.
These affluent officials are in the process of disclosing their wealth publicly and working with government ethics officers to address potential conflicts of interest. However, delays in paperwork submission have caused setbacks in Senate confirmation hearings for some nominees, including former North Dakota Gov. Doug Burgum and Liberty Energy CEO Chris Wright.
