Billionaire financier Bessent confirmed as Trump's treasury chief

Credit: IndiaTimes- Published on January 28, 2025
Billionaire hedge fund manager Scott Bessent has been confirmed as US Treasury secretary, tasked with implementing Donald Trump's economic policies including tax cuts and tariffs. Bessent supports strengthening the dollar, securing supply chains, and imposing tougher sanctions on Russia and a hawkish stance on China.

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