Scott Bessent raised money for Democrats before backing the president-elect’s “America First” brand of economic populism
US President-elect Donald Trump has tapped George Soros’ former chief investment officer to lead the Treasury Department. Scott Bessent, who fundraised for Democrats during his time with the liberal financier, now backs Trump’s “America First Agenda,” the incoming president said.
Trump announced Bessent’s nomination on Friday, amid a series of other cabinet picks including Republican Representative Lori Chavez-DeRemer for Labor Secretary and former NFL star and Texas state lawmaker Scott Turner for Housing and Urban Development Secretary.
”Scott has long been a strong advocate of the America First Agenda,” Trump wrote on his Truth Social platform. “On the eve of our Great Country’s 250th Anniversary, he will help me usher in a new Golden Age for the United States, as we fortify our position as the World’s…