President-elect Donald Trump’s Treasury secretary pick stands in stark contrast to some of the more controversial and questionable Cabinet picks he’s announced so far. Scott Bessent won’t freak out Wall Street, the industry he’s set to oversee.
Treasury secretary is a serious job for a serious person who can meet immediate deadlines and pressures weighing on the financial markets from around the globe. In many respects, the Treasury secretary is the quarterback of the economy.
A radical selection could’ve rattled investors and added risk to Trump’s already complex economic agenda.
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