Donald Trump’s potential Treasury Secretary pick, Scott Bessent, is a pro-crypto billionaire hedge fund investor. Bessent has expressed his excitement about the president’s embrace of cryptocurrency and sees it as a symbol of financial freedom and potential growth. He also supports Trump’s tax cuts and deregulation plans, which he believes can help reduce inflationary pressures.
Bessent previously served as Chief Investment Officer at Soros Fund Management and founded his own firm, Key Square Group, in 2015. Other possible candidates for the Treasury Secretary role include John Paulson.