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Billionaire Scott Bessent breaks silence after being tipped for Treasury role in Trump's cabinet
Daily Mail ^ | November 14 2024 | ALICE WRIGHT

Posted on 11/14/2024 1:26:33 PM PST by knighthawk

Hedge Fund billionaire Scott Bessent has broken his silence on speculation he's the front runner to become Donald Trump's Treasury Secretary.

Bessent, praised by Trump as 'one of the top analysts on Wall Street,' told Fox News that 'the opportunity to be able to give back to the country would be incredible,' but that the decision still rested with Trump.

'It's all President Trump's decision, he made great decisions on the campaign. I can't wait for the four years,' he told the program.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: News/Current Events
KEYWORDS: scottbessent

1 posted on 11/14/2024 1:26:33 PM PST by knighthawk
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To: knighthawk

WIKI

After graduation, Bessent worked at Brown Brothers Harriman, Kynikos Associates (Jim Chanos), and others. Bessent joined Soros Fund Management (SFM) in 1991 and was a partner there throughout the 1990s, eventually becoming the head of the London office. In 1992, Bessent was a leading member of the team whose bet regarding the collapse of the British pound garnered over $1 billion for the firm. His bet against the Japanese yen in 2013 brought additional profit.

In 2000, Bessent hosted a fundraiser for Al Gore at his East Hampton, New York, home. In 2016, Bessent donated $1 million to Donald Trump’s 2017 presidential inaugural committee.

In February 2024, Bessent hosted a fundraiser in Greenville, South Carolina, that raised nearly $7 million for Donald Trump’s 2024 campaign. In April 2024, Bessent was a host for a Palm Beach, Florida, fundraiser that raised $50 million for the Trump campaign. In July 2024, Bloomberg Businessweek reported that Bessent was a key economic advisor to Trump. He is reportedly a candidate for United States Secretary of the Treasury in a second Trump administration, and proposed a three-point economic plan for Trump modeled on Japanese Prime Minister Shinzo Abe’s “Three Arrows” economic policy.

Bessent resides in Charleston, South Carolina. Bessent is a supporter of Donald Trump and was a co-chair at a Republican fundraiser for the former President in Palm Beach, Florida. Bessent and his husband, former New York City prosecutor John Freeman, have two children.

https://en.wikipedia.org/wiki/Scott_Bessent


2 posted on 11/14/2024 1:33:04 PM PST by Brian Griffin
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To: Brian Griffin
Bessent and his husband...

Ewwww

3 posted on 11/14/2024 1:41:34 PM PST by Tell It Right (1 Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: knighthawk

“Normal reasonable people, and I would include Scott, are horrified by the financial implications of progressive left-wing policies”

https://www.tabletmag.com/sections/arts-letters/articles/the-george-soros-partner-who-disrupted-right-wing-publishing


4 posted on 11/14/2024 1:45:08 PM PST by Brian Griffin
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To: knighthawk

Not a total fan of hedge fund managers but at least he didn’t pick Dimon.


5 posted on 11/14/2024 1:57:09 PM PST by Sam Gamgee
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To: knighthawk

I just want people to go back to work to afford their own houses.


6 posted on 11/14/2024 2:16:33 PM PST by Bayard
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To: knighthawk
Trump should choose somebody else. About Scott Bessent:
The George Soros Partner Who Disrupted Right-Wing Publishing

7 posted on 11/26/2024 9:18:20 PM PST by linMcHlp
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