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2 weeks ago | 
americanbanker.com | Saleha Mohsin |Nancy Cook |Joshua Green
A chorus of advisers inside and outside the Trump administration is pushing another name to serve as the next chair of the Federal Reserve: Treasury Secretary Scott Bessent. President Donald Trump said Friday he would name a successor "very soon" for Jerome Powell, whose term as Fed chair ends in May 2026.
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3 weeks ago | 
news.bloomberglaw.com | Ed Ludlow |Loren Grush |Joshua Green
What began as Elon Musk’s embrace of right-wing populism has become a defining — and potentially harmful — chapter in his business career. By endorsing Donald Trump’s MAGA movement and far-right parties in Europe, Musk alienated a big portion of his original customer base, eroding Tesla’s brand, sales and market share around the globe.
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Jan 15, 2025 | 
news.bloomberglaw.com | Saleha Mohsin |Joshua Green
Scott Bessent wasn’t a familiar name in Republican political circles before Donald Trump nominated him to be Treasury secretary. “You know Scott Bessent?” Trump asked his guests from the stage of a reception this month at Mar-a-Lago.
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Nov 23, 2024 | 
news.bloombergtax.com | Saleha Mohsin |Joshua Green |Nancy Cook |Annmarie Hordern
President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. “Scott has long been a strong advocate of the America First Agenda,” Trump said in a statement Friday.
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Nov 22, 2024 | 
news.bloomberglaw.com | Saleha Mohsin |Joshua Green |Nancy Cook |Annmarie Hordern
President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. “Scott has long been a strong advocate of the America First Agenda,” Trump said in a statement Friday.
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Nov 22, 2024 | 
finance.yahoo.com | Saleha Mohsin |Nancy Cook |Joshua Green |Annmarie Hordern
(Bloomberg) -- President-elect Donald Trump’s transition team is preparing to announce that he has selected Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury secretary, according to people familiar with the matter. The announcement is expected to be made as soon as Friday, said the people, who spoke on condition of anonymity to discuss the process, and a press release is being prepared.
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Nov 22, 2024 | 
news.bloomberglaw.com | Saleha Mohsin |Annmarie Hordern |Joshua Green
Presiden-elect Donald Trump’s uncertainty about his slate of Treasury secretary candidates has led to rival factions once again trying to win his favor. After a flurry of meetings this week, including discussions with new contenders, Trump has yet to make a decision on who will lead the charge for the sweeping economic agenda that he promised voters. Apollo Global Management Inc.
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Nov 22, 2024 | 
finance.yahoo.com | Saleha Mohsin |Annmarie Hordern |Joshua Green
(Bloomberg) -- Presiden-elect Donald Trump’s uncertainty about his slate of Treasury secretary candidates has led to rival factions once again trying to win his favor. After a flurry of meetings this week, including discussions with new contenders, Trump has yet to make a decision on who will lead the charge for the sweeping economic agenda that he promised voters. Apollo Global Management Inc.
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Nov 18, 2024 | 
mahoningmatters.com | Saleha Mohsin |Nancy Cook |Joshua Green |Annmarie Hordern
WASHINGTON - President-elect Donald Trump's transition team is considering pairing Kevin Warsh, a former Federal Reserve official, in the Treasury secretary role, with hedge fund manager Scott Bessent as director of the White House's National Economic Council, according to people familiar with the matter. Bessent was offered the NEC post but told Trump that he wouldn't accept until he knew who the Treasury secretary would be, the people said.
