Donald Trump is reportedly set to nominate Scott Bessent, a Wall Street financier and early supporter of his 2024 bid, to lead the US Treasury Department. Bessent has expressed support for extending tax cuts, defending tariffs as a negotiating tool, and championing cryptocurrency. His nomination comes as Trump prepares to assemble his team for a second term.

Source: https://www.bbc.com/news/articles/cj3mv6l1ypyo