Trump expected to nominate Scott Bessent for Treasury secretary

Contributing sentiments towards policy:

68% : Rather than slam Bessent for his previous connections to Soros, a favorite right-wing punching bag, Trump appears impressed by how successful he was at Soros' firm.
63% : After Trump won, Bessent donated $1 million to his inaugural committee.
56% : Though Bessent has known Trump's family for decades, the 2024 election brought him closer to the former and future president -- Trump has called Bessent "one of the most brilliant men on Wall Street" and "a nice-looking guy."
52% : Bessent, 62, founded and runs the macro hedge fund Key Square Group and emerged as a key economic advisor to Trump on the campaign trail.
45% : Beyond lavishing praise on Trump, he said that the US should slash bank regulations, overhaul the Inflation Reduction Act, and reinvigorate American energy investment.
28% : Bessent has advised Trump on a "3-3-3 policy," which the Journal described as "cutting the budget deficit to 3% of gross domestic product by 2028, spurring GDP growth of 3% through deregulation, and producing an additional 3 million barrels of oil or its equivalent a day.
16% : By 2016, Bessent was inching toward Trump, telling people they weren't taking Trump seriously enough as a candidate.
16% : At one point, Bessent floated the idea of a shadow Federal Reserve chair -- under his theory, Trump would nominate a replacement to lead the central bank before Jerome Powell's term ends in 2026.

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