Scott Bessent is set to take the office as the US Treasury Secretary in President Donald Trump’s administration team.
Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of Trump.
The US Senate has confirmed billionaire hedge fund manager Scott Bessent to be the 79th US Treasury Secretary.
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The Senate voted 68 to 29 to confirm Mr. Bessent, a billionaire hedge fund manager, as the next Treasury secretary.