How Bessent became Treasury secretary from Democrat donor
Business Standard|November 25, 2024
In the heat of the 2000 presidential campaign, Vice President AI Gore took a break from barnstorming battleground states to attend a fundraiser for the Democratic National Committee in East Hampton, NY Standing behind Gore onstage was Scott Bessent, a hedge fund manager and at the time - a major donor to Democrats who cohosted the event at his home.
ALAN RAPPEPORT
How Bessent became Treasury secretary from Democrat donor

On Friday evening, Bessent was tapped by President-elect Donald J Trump to be his Treasury secretary. Having won the trust of Trump and his inner circle, Bessent would lead a Republican economic agenda of cutting taxes, culling federal regulations and enacting sweeping tariffs.

Wall Street strategists and investors say Bessent is a fiscal hawk and will be positive overall for the economy and the markets.

هذه القصة مأخوذة من طبعة November 25, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 25, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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