Key Economic Appointments

President-elect Donald Trump has chosen Scott Besson, a hedge fund manager, to serve as the next Treasury Secretary. Besson is recognized as a significant supporter of Trump's financial initiatives and is known for his work with billionaire George Soros, which has raised some skepticism among Trump’s base. His primary role will involve advocating for the extension of the 2017 tax cuts, which are approaching expiration, alongside proposed additional tax breaks for certain income types. Although some are cautious about the potential impact of these policies on federal debt, Besson has defended the administration's stance on deregulation and domestic energy production.