Trump Selects Billionaire Hedge Fund Manager to Head Treasury Department

Multiple reports claim that Donald Trump, the President-elect, has appointed billionaire hedge fund manager Scott Bessent as Secretary of Treasury.

 

Bessent has been dubbed a cryptocurrency enthusiast and a proponent of deregulation. He will be an important figure in leveraging America’s economic strength to advance its diplomatic goals.

 

He has advocated his version of Japan’s “three arrows” plan as the focus for economic rejuvenation: 3% real GDP growth, a 3% deficit, and “3 million additional oil barrels flowing per day from U.S. Energy Production.”

 

 

Bessent, who has followed the pattern of other announcements made this week, has been a Trump supporter since his first term. He was an Al Gore fund-raiser in 2000 and a member of George Soros’ inner circle.

 

Bessent has Trump’s confidence and is well-known on Wall Street. These qualities in combination promise to put an end to Bidenomics’ stagflation.

 

American Conservatives

Recent Posts

Someone Carved a Death Threat Into the National Mall and We Should All Be Furious

Let's call this what it is. Someone took the time to carve "86 47" into…

2 days ago

World Cup Broadcaster With Terror Ties Should Be Kicked Out of America

There's a foreign reporter walking around American soil right now, covering the World Cup, who…

2 days ago

Trump Just Gave Fishermen What Biden Took Away

A fisherman walked into the Oval Office this week and thanked President Donald Trump for…

2 days ago

Republicans Finally Found a Way to Gut the Woke University Machine

Republicans just discovered something most Americans didn't know existed, and they're about to weaponize it.…

2 days ago

Democrats Let Critical Spy Tool Expire Over Petty Grudge About Trump’s Intelligence Pick

Here's what you need to know about the mess unfolding in Washington right now. A…

2 days ago

Michigan Republicans Want to Kill Cash Handout Program That Asks Nothing in Return

There's something deeply unsettling about a government program that hands out cash with absolutely no…

3 days ago