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The Latest Breaking News from Scott Bessent

Trump names fossil fuel executive Chris Wright as energy secretary

President-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive, to serve as energy secretary after his second administration begins in January

The Independent UK

Fox Business Host Larry Kudlow Won't Be Joining Trump's Cabinet: Report

Kudlow, who served as president-elect's National Economic Adviser last time around, told Trump team he won't be returning to goverment

International Business Times

Trump Administration Yet To Decide On Treasury Secretary Appointment

Trump Administration's search for Treasury secretary intensifies with Lutnick and Bessent as top contenders.

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Polymarket users are betting on Scott Bessent to be Trump’s treasury secretary

The prediction market puts Bessent’s odds of getting the nod at 67%.

Fortune

Billionaire investor John Paulson shies away from Trump's Treasury due to 'complex financial obligations'

Hedge funder won’t lead Treasury although Trump has called him a “money machine.”

Fortune

Scott Bessent – Is The Trump Treasury Secretary Potential Pick Good For Crypto?

Scott Bessent is reportedly a heavy favorite in Trump's final list of potential individuals to lead the U.S. Treasury – who is he and will his views have an impact on Bitcoin and the broader crypto industry?

International Business Times

Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says

Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.

Fortune

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Fed Chair Jerome Powell won't resign if Trump asks him to

Trump has said he should have a say in setting interest rates.

Fortune

Trump’s cabinet and White House picks – so far

A look at the people who have been and still could be offered key positions when Trump takes office

The Guardian - US

Trump advisor proposes a shadow Fed chair, but Wall Street veteran Ed Yardeni thinks it’s a recipe for disaster

Key Square hedge fund founder Scott Bessent’s plan to sideline Jerome Powell aligns with Trump’s declared aim of eroding the U.S. central bank’s independence.

Fortune

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