Trump Heeds Wall Street by Picking Scott Bessent as Treasury Secretary
Posted on 11/23/2024
In the end, the drama-filled search landed where it started — with a hedge fund executive who’d spent months methodically laying the groundwork for a nomination.
With one cabinet pick after another, President-elect Donald Trump has shown willingness — even eagerness — to flash contempt for the establishment. His nominees have amounted to sneers at US military brass, public-health experts, or even lawmakers in his own party.
But there’s at least one institution that Trump is reticent to rile: Wall Street.
With one cabinet pick after another, President-elect Donald Trump has shown willingness — even eagerness — to flash contempt for the establishment. His nominees have amounted to sneers at US military brass, public-health experts, or even lawmakers in his own party.
But there’s at least one institution that Trump is reticent to rile: Wall Street.
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