Who's Bessent?
- Thread starter Diogenes
- Start date
Diogenes
Nemo me impune lacessit
After working with his mentor for years, Bessent founded the Key Square hedge fund with a $2 billion investment from the 94-year-old Soros.
MSN
www.msn.com
Torsten Prochnow
@TorstenProchnow
Exactly. Trump’s choice of Scott Bessent as Treasury Secretary is a powerful signal that the U.S. economy is about to enter a new era of innovation, fiscal strength, and freedom. Bessent is not just a billionaire hedge fund investor with years of experience and a proven track record; he’s also a staunch supporter of the crypto economy, especially Bitcoin. His vocal endorsement of crypto aligns perfectly with Trump’s push for American financial independence and innovation. “Crypto is about freedom,” Bessent recently said, highlighting the synergy between the Republican Party’s values and the emerging crypto economy.Bessent’s vision includes making the U.S. a hub for Bitcoin and crypto innovation. He’s right to emphasize that crypto brings in young people and those previously sidelined by traditional financial markets. In his words, “One of the most exciting things about Bitcoin is that it brings in young people and those who have not participated in markets before.” This openness to new financial markets isn’t just about technology; it’s about fostering a culture of opportunity where Americans feel empowered by a system that works for them—an essential principle of capitalism.As a top economic advisor to Trump, Bessent has already demonstrated a commitment to strategies that revitalize American industry and ensure sustainable growth. His “Three Arrows” economic policy proposal, inspired by Japan’s successful economic reforms, is designed to strengthen the U.S. economy on multiple fronts—bolstering manufacturing, stimulating growth, and tackling debt. With Bessent leading Treasury, Trump’s administration will be well-positioned to break from the stagnant economic policies of the Biden-Harris era and return to growth-driven, results-oriented governance.Trump’s administration, with Bessent at Treasury, is poised to lead the U.S. into a new era of economic growth, decentralization, and innovation. This pick reflects Trump’s commitment to results-driven leadership and puts America back on the path to economic strength and financial freedom. With Bessent’s expertise and vision, the U.S. will have a Treasury Secretary ready to embrace the future and prioritize Americans’ economic well-being over bureaucratic red tape.