President-elect Donald Trump will nominate Scott Bessent to be his Treasury secretary, offering the hedge fund manager and major campaign fundraiser the preeminent economic post in his administration.

Two and a half weeks after the election and more than a week since it first seemed as if an announcement about a choice of treasury secretary was coming, Donald Trump has finally made his decision. On November 22nd the campaign said that Scott Bessent,

The president-elect has selected the hedge-fund manager to lead the Treasury, elevating one of his most vocal supporters in the finance world.