Scott Bessent’s fund made biggest returns with bet against Fed

Donald Trump’s Treasury secretary pick shorted vulnerable assets in 2022 to capitalise on post-pandemic inflation

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Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.
CNBC - Nov. 23
Trump picks hedge-fund investor Scott Bessent for treasury secretary

Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...
The Guardian - Nov. 23
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary

President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.
NBC News - Nov. 23
Trump picks hedge fund exec Scott Bessent as treasury secretary

President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports ...
NBC News - Nov. 23
Trump picks Scott Bessent as Treasury secretary

Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs
Financial Times - Nov. 23
Trump Taps Investor Scott Bessent as Treasury Secretary

The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.
The New York Times - Nov. 23
Trump nominates Bessent to lead US Treasury in flurry of announcements

He also announces nominees for labour secretary, housing secretary and surgeon general.
BBC News - Nov. 23