Trump's Treasury pick is Scott Bessent. He's said it's absurd to fear 'Trump-flation.'

Contributing sentiments towards policy:

67% : During a campaign rally in August in North Carolina, Trump described Bessent as an investor who is "considered one of the greatest on all of Wall Street."
57% : From MarketWatch's archives (June 2024): Possible Trump Treasury pick Bessent lays out 3-point economic plan that calls for deregulation, lower deficit"Scott is widely respected as one of the world's foremost international investors and geopolitical and economic strategists," Trump said in a statement.
52% : In his statement, Trump said that Bessent will "support my policies that will drive U.S. competitiveness, and stop unfair trade imbalances, [and] work to create an economy that places growth at the forefront, especially through our coming world energy dominance.
17% : Powell has said he would not leave his post if Trump asks him to and told reporters it's "not permitted under the law" for presidents to remove Fed members.
13% : "In the same FT interview, Bessent said Trump would not interfere with the Federal Reserve's independence but would name a new chair to replace Jerome Powell in 2026, when Powell's term expires.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.