Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders – CryptoSlate
The Blockchain Association, a nonprofit organization representing cryptocurrency and blockchain businesses in the United States, letter Friday to President-elect Donald Trump and Congress. In a letter signed by Blockchain Association CEO Kristin Smith, the association outlined five priorities for the Trump administration's first 100 days. While the entire cryptocurrency industry is calling for the removal […]
Trump taps Scott Bessent for high-stakes Treasury chief: What to know
President-elect Trump on Friday selected Scott Bessent, the billionaire investor who continues to push for higher tariffs and a major shift in global trade activity, to be his Treasury secretary. Mr. Bessent made a profit as the founder of the hedge fund Key Square Group, which helped finance Mr. Trump's second campaign after decades of […]
Trump Reveals Scott Bessent As Pick For Treasury Secretary
President-elect Donald Trump announced in a social media post Friday that he has nominated Scott Bessent to be the 79th Secretary of the Treasury. Bessent is the latest revelation in the former president's continued list of Cabinet nominees since his Nov. 5 election victory. In a post on Truth Social, President Trump said the billionaire […]
Donald Trump Nominates Investor Scott Bessent for Treasury Secretary
President-elect Donald Trump has announced that he will nominate Scott Bessent, a prominent investor and CEO of Key Square Capital Management, to be Secretary of the Treasury. President Trump: “I am very pleased to nominate Scott Bessent as the 79th Secretary of the United States Treasury.'' wrote in a statement True Social Friday Night. “Scott […]
Trump to name hedge fund manager Scott Bessent to head Treasury Department
President-elect Donald Trump reportedly plans to nominate hedge fund manager Scott Bessent to head the Treasury Department. numerous sauce. Bessent, 62, founded the macro fund Key Square Group in 2015 and is openly gay. “I was totally rooting for President Trump. I was one of the few people on Wall Street who supported him.” President […]
Trump expected to name investor Scott Bessent as Treasury secretary pick
President-elect Trump is expected to tap hedge fund manager Scott Bessent as Treasury secretary in his new administration, sources confirm to NewsNation. Bessent, the founder and CEO of the hedge fund Key Square Group, served as an economic advisor to the Trump campaign and often appears on economic talk shows to advocate for the president-elect's […]
Donald Trump to tap Scott Bessent for Treasury secretary, ending fierce battle for key job: sources
President-elect Donald Trump plans to nominate hedge fund tycoon Scott Bessent to be the next Secretary of the Treasury, four sources told The Post, marking the beginning of a fierce battle between Wall Street power players. This brought an end to the eventful race. Mr. Bessent “showed a favor” late Thursday during a meeting with […]
Larry Fink could have Trump’s ear no matter who gets Treasury job
One of the less-publicized aspects of how President-elect Donald Trump will run the economy is the influence of those who don't officially hold positions of power but remain in Trump's kitchen. Probably. People close to him say it's a loosely defined group of outsiders, some Democrats but mostly Republicans, who he's focused on, including issues […]
Ex-Trump deputy press secretary: No Treasury pick yet because 'it's a long list of folks'
Hogan Gidley, a former Trump aide, said the reason the president-elect did not choose Treasury Secretary was because of overwhelming interest in the position. “There are a lot of people competing for that position. You know, this is a very important position and it's very important to the incoming administration. The American people are voting […]
Treasury imposes sanctions on Russian banks, financial officials
Russia's third-largest bank, Gazprombank, and its subsidiaries were targeted by U.S. sanctions on Thursday, making them the largest banks yet to be targeted as the Russia-Ukraine war approaches its third year. of new sanctions These organizations are part of the Treasury Department's Office of Foreign Assets Control and targeted over 50 “internationally connected” Russian banks, […]