Trump names Treasury Dept Secretary nominee

The reason for "former" is because he wanted to form his own fund...primarily funded by one George Soros.

 

Bessent’s confirmation hearing shows me that Trump has selected a very competent person around the economy. I don’t agree with all that he said during his confirmation, but he is top notch in his intellect and ability to answer questions.

The key highlight to me is Bessent understands market applications to taxes and tariffs. He also acknowledged Fed independence.

The bad — Bessent likes to clarify the context of questions. This might be his downfall if he can’t Cliff’s Notes / picture draw his way into Trump’s ear on ecomic policy. Will be an art of whispers.

https://www.youtube.com/live/d35e5YhKPn0?si=Tb71lCiyF3qlv-Rh