President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ending days of twists that saw high profile candidates pitted against each other for the cabinet position with vast influence over economic,

President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary. Bessent is a past supporter of Democrats who has become an enthusiastic supporter of Trump.

Donald Trump is closing out the week with another batch of Cabinet nominations Friday. The president-elect has picked former Soros Fund Management chief investment officer Scott Bessent to be the next Treasury secretary. Through the Cabinet position ...