At final, white smoke has emerged from Mar-a-Lago. Two and a half weeks after the election and extra than a week since it first appeared as if an announcement about a sequence of treasury secretary modified into once coming, Donald Trump has within the discontinuance made his choice. On November 22nd the campaign stated that Scott Bessent, a hedge-fund titan, would enlighten 1500 Pennsylvania Avenue. Every the appointment of Mr Bessent, and the vogue in which he modified into once picked, provide clues about financial policy throughout a 2d Trump duration of time.

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