Trump nominates hedge fund experts Bessent as finance minister!

Trump nominates hedge fund experts Bessent as finance minister!

Washington, USA - Washington-a bang in US politics! The designated President Donald Trump has nominated the hedge fund manager Scott Bessent as the new finance minister. Bessent, a heavyweight in the financial world, is intended to tackle the pressing problems in foreign trade and boost economic growth. Trump himself announced that Bessent will set the course for a new economic era!

The 62-year-old Bessent, founder of the Hedge Gunde Key Square Group and former Chief Investment Officer by George Soros' Soros Fund Management, is a real genius of global macroinvestment. With his experience, he will have to accept the challenge of fulfilling Trump's ambitious election promises, including tax cuts and new import duties. However, critics warn that these plans could drive up the prices for US consumers and burden the state budget. But Bessent has made itself strong for these suggestions and is now required to limit the US debts.

global responsibility and competition

The role of finance minister is not only a national, but also a global responsibility, because the United States is the largest market for government bonds worldwide. Besser will have to prove itself in this key position while keeping the financial markets in view. Trump originally also brought Howard Lutnick, a close confidante, for the post, but Lutnick is now becoming a Minister of Commerce. A strategic move that shows how important financial policy in Trump's agenda is!