United States President-elect Donald Trump on Friday nominated hedge fund investor and manager Scott Bessent as the new Treasury Secretary, highlighting him as “one of the world’s leading international investors and geopolitical and economic strategists“.
Bessent, 62 years oldwas one of Trump’s advisors in economic political affair during the election campaign, and is the founder of the hedge fund Key Square Capital Management.
“I am extremely pleased to nominate Scott Bessent as the 79th Secretary of the Treasury of the United States. Scott is widely respected as one of the world’s leading international investors and geopolitical and economic strategists. Scott’s story is the story of the American dream,” the tycoon said in a statement, according to CNN.
According to Trump, Bessent was “long a strong supporter of the ‘America First’ agenda”. “My administration will restore the freedom, strength, resilience and efficiency of our capital markets. We will reinvigorate the private sector and help halt the unsustainable trajectory of the federal debt,” the statement said.
Likewise, the president-elect declared that the investor would support his policy “which will boost U.S. competitiveness and end unfair trade imbalances, working to create an economy that puts growth first, particularly through our coming global energy dominance. »
Collector and loyal to the president
Bessent was one of the key fundraising figures in the election race of Trump and defended his economic position in several media appearances. Before founding Key Square, he worked at Soros Capital Management, where he served as chief investment officer from 2011 to 2015.
One of Trump’s most controversial economic proposals is charge high prices to all imports, leading some economists to warn that the measure could reignite inflation.
In interviews with outlets such as Axios and the Financial Times, Bessent tried to downplay Trump’s trade threats. “My general view is that at the end of the day he is a free trade advocate.”» Bessent told the Financial Times.
The investor could be a key figure in promoting Trump’s tax agenda at the Capitol, and would also be in charge of economic relations between the North American country and the rest of the world.
The Secretary of the Treasury of the United States is responsible for directing and administering the fiscal and economic policy of the country, with particular emphasis on tax collection, public debt management, enforcement of economic sanctions and monitoring of the financial system.
Return to the White House
The tycoon made a new appointment to the U.S. Office of Management and Budget, again choosing Russell Thurlow Vought, who led the office during his first term. Vought has been a controversial figure due to his policies during this period, particularly for their positions on questions of budgetary policy and public expenditure management.
These included subject to criticism for its participation in the Agenda 2025 initiativea radical and ultra-conservative approach that seeks to reduce the size of the federal government and make drastic cuts to social programs.
“He did a great job in this position during my first term: for every new regulation, we reduced four, and it was a great success! “, declared the president in a press release.
Trump stressed that Vought “knows exactly how to dismantle the deep state and overthrow the armed government”. “We will restore the financial health of our nation and lift the American people to new levels of prosperity and ingenuity,” he added.
Lori Chavez-DeRemer, Secretary of Labor
For his part, the President-elect of the United States, Donald Trump, announced that the Oregon congresswoman Lori Chavez-DeRemer, of Hispanic origin, will be your next labor secretary to the government after the next January 20 when I take possession.
“He worked tirelessly with business and unions to grow the American workforce and support working people.”The former president (2017-2021), winner of the November 5 elections against Democrat Kamala Harris, declared this in a press release.
As the member has explained so far, Her grandmother’s family emigrated from Mexico to the United States. so that their children can live a better life and realize their American dream.
“I am proud of my Latin roots and the achievements made by the Hispanic community in our great country,” he noted in a Facebook post.
Chavez-DeRemer began his career in public service in 2002 on the city parks committee of Happy Valley, Oregon, and later She obtained a seat on the Municipal Council, of which she would later be president.
She was elected mayor in 2010becoming the first Latina mayor of the municipalityand re-elected in 2014. EIn 2022, she was elected to the United States House of Representatives to represent Oregon’s 5th congressional district.
She was one of the first Latinas in Congress and the first Republican woman elected to Congress in the state of Oregon.
“I look forward to working with her to create huge opportunities for American workers, expand training and apprenticeships, raise wages and improve working conditions, and bring our jobs back to manufacturing,” Trump said.
mother of two daughterswith her husband, Dr. Shawn DeRemer, founded an anesthesia management company and opened several medical clinics in the Pacific Northwest.
Targets former footballer Scott Turner
Donald Trump also named the former NFL (National Football League) player and former government official during the tycoon’s first term, Scott Turneras Secretary of Housing and Urban Development.
“Scott is an NFL veteran who, during my first term, served as the first executive director of the White House Opportunity and Revitalization Council (WHORC), help lead an unprecedented effort who transformed our country’s most disadvantaged communities,” Trump said on his Truth Social social network account, which he himself launched.
The mogul praised Turner’s work in the role, where supervised “16 federal agencies which has implemented more than 200 political actions promoting economic development. “Scott will work alongside me to make America great again for all Americans,” he said.
Turner is the first African American nominated to date for a position in the Trump administration. If approved by the Senate, he would lead a department responsible for coordinating national policy that responds to housing needs of the countryincluding programs to boost affordable housing or provide assistance to low-income Americans.
Turner played in the NFL for nine seasons with Washington, San Diego and Denver, later serving in the Texas House of Representatives.
More applications
In addition to those mentioned, Trump named former congressman and physician Dave Weldon will lead the Centers for Disease Control and Prevention (CDC)the U.S. national public health agency responsible for developing and implementing disease control and prevention.
“Americans have lost confidence in the CDC and in our federal health authorities, who have dedicated themselves to censorship, data manipulation and disinformation,” the mogul said on the social network Truth Social, a platform promoted by himself.
Trump also said the CDC “must give a step forward and correct past mistakes to focus on disease prevention.
SO, Weldon will replace, if the Senate approves, Mandy Cohenwho took office last year. Weldon was a practicing physician before serving several terms in Congress beginning in 1994; As a congressman, he championed the idea that thimerosal, a mercury-containing vaccine preservative, caused autism in children.
The American tycoon also announced on the aforementioned social network the appointment of Fox News’ medical collaborator, Jannete Nesheiwat, as Surgeon General of the United States.
“Nesheiwat is a fierce defender and a strong communicator on preventative medicine and public health,” Trump said, assuring that the doctor “is committed to ensuring that Americans have access to affordable, quality health care, and believes in the need to empowering people to take charge of their health and live longer, healthier lives.
The Office of the Surgeon General is responsible for providing Americans scientific information about health care options and how to reduce the risk of disease, and is best known for issuing warnings on products such as cigarettes.
Nesheiwat Joins ‘Fox and Friends’ Weekend Show Host Pete Hegsethwho Trump chose to lead the Pentagon, Tulsi Gabbard, the former Fox News aide chosen as director of national intelligence, and Mike Huckabee, the former Fox News host, as senior administration officials with ties with the network, according to Bloomberg.
The president-elect also named the surgeon Marty Makaray as Commissioner of the United States Food and Drug Administration (FDA, in English).
“The Agency needs Dr. Marty Makary, a highly respected Johns Hopkins surgical oncologist and health policy expert.to correct course and reorient the Agency,” he said, denouncing that the FDA “lost its primary objective as a regulator” during Biden’s mandate.
“Makary, a member of the prestigious National Academy of Medicine, has devoted his career to improve medical quality and reduce hospital costs and medicine for all Americans,” he added.
