[SeekAndFind]

Interesting career background:

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

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 Black Wednesday collapse of the British pound garnered over $1 billion for the firm. His bet against the Japanese yen in 2013 brought additional profit.

After resigning from Soros Fund Management in 2000, Bessent founded a $1 billion hedge fund. The fund closed in 2005. Bessent has said he learned that he shouldn’t change his style or the construct of the firm because of investor preferences.

He was also a senior investment advisor at fund-of-funds Protégé Partners. Bessent returned to Soros Fund Management and served as chief investment officer from 2011 to 2015. He left in 2015 to begin a new firm, Key Square Group.

[SeekAndFind]

More interesting tidbits:

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

Bessent resides in Charleston, South Carolina.

Bessent and his husband, former New York City prosecutor John Freeman, have two children.

In 2016, Bessent purchased the historic John Ravenel House; its restoration project was awarded the Preservation Society of Charleston’s Carolopolis Award in 2021.

[libh8er]

Once Elon publicly promoted Lutnick, that was the end of Lutnick being the Treasury Sec. Elon will learn how not to persuade Trump.

[AnotherUnixGeek]

Bessent, 62, advised Trump on economic policy on the campaign trail and is the founder of hedge fund Key Square Capital Management. Before that, he was the chief investment officer at Soros Fund Management, a hedge fund started by Democratic megadonor George Soros.

So Trump has hired a former key employee of George Soros - I'm sure this will turn out well.

[griswold3]

Supply side guy approved by Art Laffer, Larry Kudlow and Steve Moore. Historian who understands how money behaves globally.
My Bingo card calls for CRE crisis 1qtr 2026.