CINXE.COM
Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges | Politics
<!DOCTYPE html> <html lang="en" dir="ltr"> <head prefix="og: http://ogp.me/ns# fb: http://ogp.me/ns/fb#"> <title>Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges | Politics</title> <meta http-equiv="Content-Type" content="text/html; charset=UTF-8" /> <meta name="robots" content="index, follow, noodp, noydir" /> <link rel="dns-prefetch" href="//fonts.googleapis.com" /> <link rel="preconnect" href="//fonts.googleapis.com" /> <link rel="dns-prefetch" href="https://www.devdiscourse.com" /> <link rel="preconnect" href="https://www.devdiscourse.com" /> <link rel="dns-prefetch" href="https://platform.twitter.com" /> <link rel="dns-prefetch" href="https://cdn.jsdelivr.net" /> <link rel="dns-prefetch" href="https://ajax.googleapis.com" /> <meta name="viewport" content="width=device-width, initial-scale=1.0" /> <meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1" /> <meta name="description" content="Scott Bessent has been chosen as the U.S. Treasury Secretary by President-elect Donald Trump. Known for his expertise in international investments and economic strategy, Bessent will manage substantial responsibilities, including financial regulation and federal debt. He aims to boost growth and revenue via Trump's economic plans." /> <meta name="keywords" content="Scott Bessent, Donald Trump, Treasury Secretary, economic strategy, financial regulation, U.S. economy, Wall Street, debt management, income tax cuts, economic growth" /> <meta name="yandex-verification" content="a0b546ce138f124a" /> <meta name="msvalidate.01" content="19654C69032AD812D02557896AE33322" /> <meta name="p:domain_verify" content="62f50ac33a9c9b709aceb7a61fc4ac84" /> <link rel="apple-touch-icon" sizes="180x180" href="https://www.devdiscourse.com/AdminFiles/Favicon/apple-touch-icon.png" /> <link rel="icon" type="image/png" sizes="32x32" href="https://www.devdiscourse.com/AdminFiles/Favicon/favicon-32x32.png" /> <link rel="manifest" href="https://www.devdiscourse.com/AdminFiles/Favicon/manifest.json" /> <link rel="mask-icon" href="https://www.devdiscourse.com/AdminFiles/Favicon/safari-pinned-tab.svg" color="#ff6a00" /> <link rel="shortcut icon" href="https://www.devdiscourse.com/AdminFiles/Favicon/favicon-144x144.png" /> <link rel="alternate" type="application/rss+xml" title="Devdiscourse News" href="http://www.devdiscourse.com/rss/website"> <meta name="msapplication-TileColor" content="#ffffff" /> <meta name="msapplication-config" content="https://www.devdiscourse.com/AdminFiles/Favicon/browserconfig.xml" /> <meta name="theme-color" content="#ffffff" /> <link rel="amphtml" href="https://www.devdiscourse.com/article/politics/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges?amp" /> <link rel="canonical" href="https://www.devdiscourse.com/article/politics/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges" /> <link rel="publisher" href="https://www.facebook.com/devdiscourse" /> <meta name="news_keywords" content="Scott Bessent, Donald Trump, Treasury Secretary, economic strategy, financial regulation, U.S. economy, Wall Street, debt management, income tax cuts, economic growth" /> <meta itemprop="name" content="Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges | Politics" /> <meta itemprop="description" content="Scott Bessent has been chosen as the U.S. Treasury Secretary by President-elect Donald Trump. Known for his expertise in international investments and economic strategy, Bessent will manage substantial responsibilities, including financial regulation and federal debt. He aims to boost growth and revenue via Trump's economic plans." /> <meta itemprop="image" content="https://www.devdiscourse.com/remote.axd?https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg?width=920&format=jpeg" /> <meta itemprop="thumbnailUrl" href="https://www.devdiscourse.com/remote.axd?https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg?width=920&format=jpeg" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:site" content="@dev_discourse" /> <meta name="twitter:creator" content="@dev_discourse" /> <meta property="fb:app_id" content="253802031818293" /> <meta property="fb:pages" content="317536492049394" /> <meta property="og:url" content="https://www.devdiscourse.com/article/politics/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges" /> <meta property="og:type" content="article" /> <meta property="og:title" content="Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges | Politics" /> <meta property="og:description" content="Scott Bessent has been chosen as the U.S. Treasury Secretary by President-elect Donald Trump. Known for his expertise in international investments and economic strategy, Bessent will manage substantial responsibilities, including financial regulation and federal debt. He aims to boost growth and revenue via Trump's economic plans." /> <meta property="og:image" itemprop="image" content="https://www.devdiscourse.com/remote.axd?https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg?width=920&format=jpeg" /> <meta property="og:site_name" content="Devdiscourse" /> <meta content="600" property="og:image:width"> <meta content="315" property="og:image:height"> <meta name="article:author" content="Devdiscourse News Desk" /> <meta name="google-site-verification" content="r5Il08wU7uCy8_S_xmSdEukReZIwB9QSMMNM-i-d5AM" /> <meta name="google-site-verification" content="T2QGF08VVCLWLtsJ-h-jYXkQe8sRf0czEYcgiaTUXi4" /> <meta itemprop="datePublished" content="2024-11-23T05:45:38+05:30"> <meta itemprop="dateModified" content="2024-11-23T05:45:38+05:30"> <link rel="stylesheet" href="https://cdn.jsdelivr.net/npm/bootstrap@3.4.1/dist/css/bootstrap.min.css" async /> <link rel="stylesheet" type="text/css" href="/Content/cssNew?v=qmbNaL8yy1MiMqLaZargCqiAnSxZ9tpv-pyE7k9q6Fg1" /> <style>body{font-family: 'Frank Ruhl Libre',serif; -webkit-font-smoothing: antialiased; animation: 0s ease 0s 1 normal none running none; transition: all 0.5s ease; -webkit-transition: all 0.5s ease; padding-top: 110px;}#navBtn h1{display: none;}.font-oswald{font-family: 'Oswald',sans-serif; font-weight: 400;}.hovermenu:hover{color: red}.renderBody{outline: transparent}nav.navscrollmenu{background-color: #4d4d4d; overflow-x: auto; overflow-y: hidden; white-space: nowrap; z-index: 500}nav.navscrollmenu .item{display: inline-block}nav.navscrollmenu .dropdown{float: right}.item-right{float: right}.b-l-0{border-left-width: 0}.b-r-0{border-right-width: 0}.sortupIcon{position: absolute; color: #ededed !important; margin-left: 180px; margin-top: -19px}.globeBtn{padding: 20px 14px 14px 14px; cursor: pointer}.globeBtn.active{border-top: 3px solid #ff7b00; padding-top: 18px}.globeBtn:hover{background-color: #777}.header-list > li > a.linkBtn.active, .header-list > li > a.linkBtn:hover{color: #ff7b00;}.login-dropdown{position: absolute; right: 15px; background-color: #fff; min-width: 200px; z-index: 1000; display: none; -webkit-box-shadow: 0 6px 12px rgba(0,0,0,.175); box-shadow: 0 6px 12px rgba(0,0,0,.175); transition: .5s ease; font-family: 'Oswald',sans-serif}.login-dropdown.open{display: block}.login-dropdown li a{display: block; padding: 8px 20px; border-bottom: 1px solid #f1f1f1; clear: both; font-weight: 400; line-height: 1.42857143; color: #333; text-decoration: none; white-space: nowrap}.login-dropdown li a .fa{margin-right: 5px}.login-dropdown li a:hover{text-decoration: none; background-color: #efefef}.header-list > li{border-right: 1px solid #b8b8b8; padding-left: 10px; padding-right: 10px;}.header-list > li:last-child{border-right: 0px solid #b8b8b8;}.header-list > li > a{color: #707070;}.header-cont{position: fixed; width: 100%; z-index: 1000; background-color: #fff; top: 0; padding-top: 10px; border-bottom: 1px solid #d5d5d5;}ul.scrollmenu{font-size: 13px; text-transform: uppercase;}.p-t-10{padding-top: 10px;}.main-nav{font-size: 16px; margin-bottom: 0; margin-top: 15px; font-family: "oswald"}.fg-color{color: #ff6a00;}.font-sans-serif{font-family: sans-serif;}.p-t-15{padding-top: 15px;}.navBtn{padding-right: 10px;}.trend-number{color: #eaeef1; position: absolute; right: 0; z-index: -1; font-size: 50px; line-height: 30px; font-weight: 700;}.trend-title{font-size: 18px; font-weight: 500; line-height: 1.26; color: #333; padding-right: 5px;}.ls-1{letter-spacing: 1px;}.badge-tag{padding: 2px 8px; color: #fff; background-color: #ff7b00; float: right;}@media screen and (max-width:1500px){nav.navscrollmenu .dropdown, .item-right{float: none}}@media(max-width:1024px){.cp-0{padding-left: 0; padding-right: 0;}}@media screen and (max-width:768px){nav.navscrollmenu{padding-left: 35px}.header-cont{padding-top: 0; padding-bottom: 5px;}.cp-0{padding-left: 15px; padding-right: 15px;}}@media screen and (max-width:425px){.login-dropdown{position: absolute; right: 0; width: 100%; background-color: #fff}.infocus-bg-heading{font-size: 22px; padding: 10px 15px;}.trend-title{font-size: 18px}body{padding-top: 63px;}.full-width{width: 100%;}.width-100{width: 100px;}.header-cont .row div{padding-left: 5px; padding-right: 5px;}#regionInputGroup{margin-top: 10px;}}#news-alert{overflow: auto;}#news-alert::-webkit-scrollbar{width: 5px}#news-alert::-webkit-scrollbar-track{background: #f1f1f1}#news-alert::-webkit-scrollbar-thumb{background: #ff7a00}#news-alert::-webkit-scrollbar-thumb:hover{background: #555}</style> <link rel="preload" as="style" onload="this.onload=null;this.rel='stylesheet'" href="https://cdnjs.cloudflare.com/ajax/libs/font-awesome/4.7.0/css/font-awesome.min.css" async /> <script async src="https://powerad.ai/119105604848050/script.js"></script> </head> <body> <div class="bg-white header-cont"> <div class="container"> <div class="row"> <div class="col-xs-1 col-sm-1 visible-sm visible-xs text-left p-t-10"> <img src="/images/icons/menu-button.png" id="navBtn" class="img-responsive m-t-5" alt="Left Menu"/> </div><div class="col-md-3 col-sm-3 col-xs-4"> <img src="/AdminFiles/Logo/devdiscourse_logo.svg" title="Devdiscourse" alt="International Development News" class="img-responsive devdiscourse_logo" id="logoContainer"/> </div><div class="col-md-1 col-md-push-8 col-sm-2 col-md-offset-0 col-sm-offset-6 col-xs-offset-5 col-xs-2 cp-0 p-t-10"> <ul class="list-inline text-center"> <li class="p-t-5"> <a href="/Home/AdvancedSearch" title="Search"><img src="/images/icons/search_icon.png?width=20&height=20" alt="Search on Devdiscourse"/></a> </li> <li class="hidden-xs"> <a href="/Account/Login"><img src="/AdminFiles/Logo/loginUser.png?width=24&height=24" title="Devdiscourse Login" alt="User" /></a> </li> <li class="dropdown visible-xs-inline font-sans-serif"> <a href="#" class="dropdown-toggle" data-toggle="dropdown"><img src="/images/icons/menu_dot.png?width=10&height=20&mode=crop" alt="Menu" /></a> <ul class="dropdown-menu dropdown-menu-right"> <li class="item"> <a href="/" title="Home">HOME</a> </li> <li class="item"> <a href="/news-analysis" title="News">NEWS</a> </li> <li class="item"> <a href="/research" title="Research">RESEARCH</a> </li> <li class="item"> <a href="/live-discourse" title="Livediscourse">LIVE DISCOURSE</a> </li> <li class="item"> <a href="/blogs" title="Write for us">BLOG / OPINION</a> </li> <li class="item"> <a href="/press-release" title="Press Release">SUBMIT PRESS RELEASE</a> </li> </ul> </li> </ul> </div><div class="col-md-8 col-md-pull-1 col-sm-12 col-xs-12 text-center header-center"> <ul class="list-inline header-list font-sans-serif hidden-sm hidden-xs"> <li> <a href="/aboutus" title="About">About</a> </li><li> <a href="/career" title="Career">Career</a> </li><li> <a href="/advertisewithus" title="Advertisement">Advertisement</a> </li><li> <a href="/aboutus#devteam" title="Team" class="scroll-btn" data-link="devteam">Team</a> </li><li class="dropdown"> <a href="/partners/knowledge-partners" title="Partnership" class="dropdown-toggle" data-toggle="dropdown">Partnership <span class="caret"></span></a> <ul class="dropdown-menu"> <li> <a href="/partners/knowledge-partners">Knowledge Partnership</a> </li><li> <a href="/partners/media-partners">Media Partnership</a> </li></ul> </li><li> <a href="/aboutus#meet" title="Contact Us" class="scroll-btn" data-link="meet">Contact Us</a> </li></ul> <ul class="list-inline header-list main-nav visible-lg visible-md visible-sm hidden-xs"> <li class="item"> <a href="/" title="South Asia" class="linkBtn active"><span class="fa fa-home"></span></a> </li><li class="item"> <a href="/news-analysis" class="linkBtn" title="News" id="newsLink">NEWS</a> </li><li class="item"> <a href="/research" class="linkBtn" title="Research" id="researchLink">RESEARCH</a> </li><li class="item"> <a href="/live-discourse" class="linkBtn" title="Livediscourse" id="livediscourseLink">LIVE DISCOURSE</a> </li><li class="item"> <a href="/blogs" class="linkBtn" title="Analysis / Blog / Opinion" id="blogLink">BLOG / OPINION</a> </li><li class="item"> <a href="/blogs/interview" class="linkBtn" title="Interview" id="interviewLink">INTERVIEW</a> </li><li class="item"> <a href="/press-release" class="linkBtn" title="Press Release" id="pressLink">SUBMIT PRESS RELEASE</a> </li></ul> </div></div></div><div id="NewsSector"> <nav class="container-fluid text-center m-t-10"> <ul class="scrollmenu no-margin"> <li> <a href="/news/agro-forestry" title="AGRO-Forestry">Agro-Forestry</a> </li><li> <a href="/news/art-culture" title="Art & Culture">Art & Culture</a> </li><li> <a href="/news/technology" title="Technology">Technology</a> </li><li> <a href="/news/economy-business" title="Economy & Business">Economy</a> </li><li> <a href="/news/education" title="Education">Education</a> </li><li> <a href="/news/energy-extractives" title="Energy & Extractives">Energy</a> </li><li> <a href="/news/politics" title="Politics">Politics</a> </li><li> <a href="/news/law-governance" title="Law & Governance">Law & Governance</a> </li><li> <a href="/news/health" title="Health">Health</a> </li><li> <a href="/news/science-environment" title="Science & Environment">Science</a> </li><li> <a href="/news/socialgender" title="Social & Gender">Social</a> </li><li> <a href="/news/sports" title="Sports">Sports</a> </li><li> <a href="/news/transport" title="Transport">Transport</a> </li><li> <a href="/news/urban-development" title="Urban Development">Urban Development</a> </li><li> <a href="/news/wash" class="lastSector" title="WASH">WASH</a> </li></ul> </nav> </div></div><div class="renderBody" tabindex="-1"> <style> .renderBody { margin-top: 10px; text-rendering: optimizeLegibility; -webkit-font-smoothing: antialiased } .renderBody a { color: #ff7b00; text-decoration: none } .title { font-size: 38px; font-weight: 400; color: #181818; line-height: 1.18; margin-bottom: 0 } .section-title3 { font-size: 23px; line-height: 1.6; border-bottom: 3px solid #ff7b00; color: #454545; text-transform: uppercase; position: relative; z-index: 1; font-family: 'Oswald',sans-serif; margin-bottom: 20px; margin-top: 30px; font-weight: 400; } .sub-title { font-size: 20px; font-weight: 300; line-height: 1.5; color: #444 } .author-avatar { margin-right: 10px } .metadata { margin-top: 20px; color: #777 } .fig-caption { background-color: #eee; font-size: 13px; font-weight: 300; line-height: 1.33; color: #444; padding: 3px 10px; font-family: sans-serif; } .article-cont p, .article-cont ul, .article-cont ol { font-size: 21px; line-height: 1.58; color: #111; font-weight: 400; margin-top: 2.4rem } .article-cont table p { margin-top: 0; margin-bottom: 5px; font-size: 18px } .article-cont b, .article-cont strong { font-weight: 600 } .article-cont a { overflow-wrap: break-word; word-wrap: break-word; -ms-word-break: break-all; word-break: break-all; word-break: break-word; -ms-hyphens: auto; -moz-hyphens: auto; -webkit-hyphens: auto; hyphens: auto } .article-cont .bg-highlight + p:first-letter, .article-cont::first-letter { font-size: 120px; vertical-align: sub; color: #ff7b00; line-height: 70px; margin: 15px 10px 10px 0; float: left } .article-cont img, .article-cont iframe { max-width: 100%; border: none } .article-cont img { height: auto } .admin-section { position: absolute; padding: 10px; background-color: #fff; right: 0; border-radius: 5px; margin: 5px 20px; box-shadow: 0 0 5px #cfcfcf } .list-inline > li.list-divider { padding: 0 } .renderBody a.tag, .badge.tag { line-height: 22px; padding: 2px 9px; font-family: sans-serif; border-radius: 15px; font-size: 14px; text-decoration: none; color: rgba(0,0,0,.54); display: block; margin-top: 10px; font-weight: 400; border: 1px solid #888; } .left-section { padding: 5px 0; color: #777 } .social-btn .fa { width: 30px; height: 30px; background-color: transparent; border-width: 1px; border-style: solid; border-color: #666; color: #fff; border-radius: 50%; display: inline-block; line-height: 30px; text-align: center; font-size: 14px } .social-btn .fa.fb { border-color: #3f5d9a; color: #3f5d9a } .social-btn .fa.tw { border-color: #55acee; color: #55acee } .social-btn .fa.ln { border-color: #007ab9; color: #007ab9 } .social-btn .fa.wa { border-color: #4caf50; color: #4caf50 } .social-btn .fa.yt { border-color: red; color: red } .social-btn:hover .fa.fb { background-color: #3f5d9a; color: #fff } .social-btn:hover .fa.tw { background-color: #55acee; color: #fff } .social-btn:hover .fa.ln { background-color: #007ab9; color: #fff } .social-btn:hover .fa.wa { background-color: #4caf50; color: #fff } .social-btn:hover .fa.yt { background-color: red; color: #fff } .renderBody a.social-btn { color: #555 } .also-container { border-top: 2px solid #ff7b00; border-bottom: 2px solid #ff7b00; background-color: rgba(0,0,0,.02); padding: 25px; margin: 30px 0; display: flex } .ar-title { padding-left: 10px; font-size: 23px } .ar-ul { padding-left: 30px } .also-title { list-style-type: square; padding: 5px 0; font-size: 21px } .also-title a { color: #333 } .trend-img { background-color: #f1f1f1; background-size: cover; background-position: center; padding-bottom: 54.9% } .trend-title { margin-top: 5px; font-size: 17px; font-weight: 600; line-height: 1.39; color: #222 } .highlight-containter { border: 1px solid #e6e6e6 } .highlight-containter h3 { margin: 0 } .highlight-containter ul { font-weight: 500; color: #666; list-style: square } .highlight-containter .top-line { width: 95%; height: 3px; margin-bottom: 20px; background-color: #ff6a00 } .highlight-containter .bottom-line { width: 95%; margin-top: 20px; height: 3px; background-color: #ff6a00 } .video-cover { padding-bottom: 58.3%; position: relative; background-color: #f1f1f1; background-size: cover; background-position: center } .video-cover.small { width: 100px; height: 90px; position: relative; background-color: #f1f1f1 } .video-cover:before { content: " "; display: block; width: 100%; height: 100%; position: absolute; background-color: rgba(0,0,0,.5) } .cover-overlay { position: absolute; bottom: 0; width: 100%; padding: 10px; } .video-title { font-size: 18px; font-weight: 400; color: #fff; line-height: 1.43; margin: 0 } .video-btn { border: 2px solid #fff; display: inline-block; width: 44px; height: 44px; padding: 0 15px; line-height: 44px; border-radius: 50%; color: #fff; font-size: 20px; } .video-btn.small { padding: 8px 16px } .l-h { line-height: 1.43 } .title-min-height { min-height: 80px } .list-padding { padding-left: 0 } .article-divider { margin-top: 50px; margin-bottom: 50px; border-bottom: 2px solid #cdcdcd; font-size: 12px; font-family: sans-serif; text-transform: uppercase; text-align: center } .article-divider span { background-color: #fff; display: inline-block; color: #373737; padding: 2px 5px; border-radius: 10px; border: 2px solid #373737; } .article-divider:after { display: block; margin: auto; margin-bottom: -12px; width: 0; height: 0; border-left: 10px solid transparent; border-right: 10px solid transparent; border-top: 10px solid #373737 } .make-me-sticky { position: -webkit-sticky; position: sticky; top: 15px; padding: 0 15px } .twitter-tweet { margin-left: auto; margin-right: auto } .instagram-media { margin: 15px auto !important } .blockquote { border-top: 3px solid #ccc; border-bottom: 3px solid #ccc; border-left: none; padding: 40px 20px 30px 20px; margin: 30px 0 30px 0 } .blockquote h3 { font-size: 22px } .blockquote:before { content: '“'; display: block; text-align: center; position: absolute; margin-top: -47px; font-size: 102px } .blockquote footer { font-size: 90%; text-align: right } .container.full-width { margin-top: 30px } hr.seperator { margin-top: 0; margin-bottom: 0; border: 0; border-top: 1px dotted #9a9a9a; } .l-h-28 { line-height: 28px; font-size: 15px; } .fg-orange { color: #ff6a00; } .font-sans-serif { font-family: sans-serif; } .btn-connect { color: #fff !important; background-color: #333; font-family: sans-serif; border-radius: 20px; margin: 5px; } .btn-connect .fa { padding: 5px; border-radius: 50%; width: 24px; height: 24px; background-color: #fff; color: #333; } .btn-connect.facebook { background-color: #3f5d9a } .btn-connect.twitter { background-color: #55acee } .btn-connect.linkedin { background-color: #007ab9 } .btn-connect.quora { background-color: #b92b27 } .btn-connect.youtube { background-color: #FF0000 } .btn-connect.rss { background-color: #ff6a00 } .btn-connect.facebook .fa { color: #3f5d9a } .btn-connect.twitter .fa { color: #55acee } .btn-connect.linkedin .fa { color: #007ab9 } .btn-connect.quora .fa { color: #b92b27 } .btn-connect.youtube .fa { color: #FF0000 } .btn-connect.rss .fa { color: #ff6a00 } .share-button-list { float: right; } @media(max-width:640px) { .title { font-size: 28px } .sub-title { font-size: 18px } .article-cont p, .article-cont ul, .article-cont ol { font-size: 18px; line-height: 1.5; margin-top: 2rem } .also-container { padding: 10px } .container.full-width { margin-top: -20px; padding-left: 0; padding-right: 0 } .share-button-list { float: left; } } @media(max-width:425px) { .list-padding { padding-left: 15px } .title-min-height { min-height: 100% } .container.mt-minus-30 { margin-top: -20px; } .video-title { font-size: 16px; } } @media screen and (max-width:2560px) and (min-width:1500px) { .renderBody .container { width: 1170px !important } } </style> <script type="application/ld+json"> { "@context": "http://schema.org", "@type": "NewsArticle", "mainEntityOfPage":{ "@type":"WebPage", "@id":"https://www.devdiscourse.com/article/politics/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges" }, "headline": "Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges | Politics", "image": { "@context": "http://schema.org", "@type": "ImageObject", "width": "100px", "height": "100px", "url": "https://www.devdiscourse.com/remote.axd?https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg?width=920" }, "datePublished": "2024-11-23T05:45:38+05:30", "dateModified": "2024-11-23T05:45:38+05:30", "author": { "@type": "Person", "name": "Devdiscourse News Desk" }, "publisher": { "@type": "Organization", "name": "Devdiscourse", "logo": { "@type": "ImageObject", "url": "https://www.devdiscourse.com/AdminFiles/Logo/devdiscourse_news.png" } }, "description": "President-elect Donald Trump announced his selection of prominent investor Scott Bessent as the next US Treasury Secretary heralding a significant appointment in his new administration" } </script> <div class="container full-width mt-minus-30"> <div class="advertisement-area"> <div class="advertisement-title">Advertisement</div> </div></div><div class="container"> <ul class="breadcrumb breadcrumb_new m-t-20" itemscope itemtype="http://schema.org/BreadcrumbList"> <li itemprop="itemListElement" itemscope="" itemtype="http://schema.org/ListItem"> <a href="/" target="_top" itemprop="item"><span itemprop="name">Home</span></a> <meta itemprop="position" content="1" /> </li> <li itemprop="itemListElement" itemscope="" itemtype="http://schema.org/ListItem"> <a href="/news" target="_top" itemprop="item"><span itemprop="name">News</span></a> <meta itemprop="position" content="2" /> </li> <li itemprop="itemListElement" itemscope="" itemtype="http://schema.org/ListItem"> <a href="/news/finance" target="_top" itemprop="item"><span itemprop="name" class="text-capitalize">Finance</span></a> <meta itemprop="position" content="3" /> </li> <li class="active">Article</li> </ul> <div class="article-divider clearfix" style="display:none;" data-articleurl="3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges" data-articletitle="Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges"></div><div class="row"> <div class="col-md-8"> <article> <h1 class="title">Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges</h1> <h2 class="sub-title">Scott Bessent has been chosen as the U.S. Treasury Secretary by President-elect Donald Trump. Known for his expertise in international investments and economic strategy, Bessent will manage substantial responsibilities, including financial regulation and federal debt. He aims to boost growth and revenue via Trump's economic plans.</h2><hr class="seperator" /> <div class="m-b-10 m-t-10"> <span><a href="/devdiscourse-stories">Devdiscourse News Desk</a></span> <span class="list-divider"> | </span><span>Updated: 23-11-2024 05:45 IST | Created: 23-11-2024 05:45 IST</span> </div><figure class="figure"> <picture> <source srcset="https://www.devdiscourse.com/remote.axd?https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg?width=920&format=webp" type="image/webp"> <source srcset="https://www.devdiscourse.com/remote.axd?https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg?width=920&format=jpeg" type="image/jpeg"> <img data-src="https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg" src="https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg" class="img-responsive lazyload" alt="Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges" /> </picture> <figcaption class="fig-caption"> </figcaption> </figure><section class="left-section clearfix"> <ul class="list-inline no-margin share-button-list"> <li class="l-h-28">SHARE</li> <li> <a class="social-btn" aria-label="Share on Facebook" onclick="window.open('https://www.facebook.com/sharer/sharer.php?u=https://www.devdiscourse.com/article/politics/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges', 'facebook_share','height=320, width=640, toolbar=no, menubar=no, scrollbars=no, resizable=no, location=no, directories=no, status=no');" href="javascript:void(0);" title="Share on Facebook"> <span class="fa fa-facebook fb"></span> </a> </li> <li> <a class="social-btn" aria-label="Share on Twitter" onclick="window.open('http://twitter.com/share?url=https://www.devdiscourse.com/article/politics/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges&text=Scott+Bessent%3a+Trump%27s+Treasury+Pick+to+Tackle+Economic+Challenges', 'facebook_share', 'height=320, width=640, toolbar=no, menubar=no, scrollbars=no, resizable=no, location=no, directories=no, status=no');" href="javascript:void(0);" title="share on Twitter"> <span class="fa fa-twitter tw"></span> </a> </li> <li> <a class="social-btn" aria-label="Share on LinkedIn" onclick="window.open('https://www.linkedin.com/shareArticle?mini=true&url=https://www.devdiscourse.com/article/politics/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges&title=Scott+Bessent%3a+Trump%27s+Treasury+Pick+to+Tackle+Economic+Challenges&summary=Scott+Bessent+has+been+chosen+as+the+U.S.+Treasury+Secretary+by+President-elect+Donald+Trump.+Known+for+his+expertise+in+international+investments+and+economic+strategy%2c+Bessent+will+manage+substantial+responsibilities%2c+including+financial+regulation+and+federal+debt.+He+aims+to+boost+growth+and+revenue+via+Trump%27s+economic+plans.&source=devdiscourse.com', 'linkedIn_share', 'height=620, width=400, toolbar=no, menubar=no, scrollbars=no, resizable=no, location=no, directories=no, status=no');" href="javascript:void(0);" target="_blank" title="Share on LinkedIn"> <span class="fa fa-linkedin ln"></span> </a> </li> <li> <a class="social-btn" aria-label="Subscribe on Youtube" rel="noopener" href="https://www.youtube.com/channel/UC28dlbVXA88OyB83dM8BEYg?sub_confirmation=1" target="_blank" title="Subscribe on Youtube"> <span class="fa fa-youtube yt"></span> </a> </li> </ul> </section> <hr class="seperator m-b-20" /> <section class="article-cont"> <p>President-elect Donald Trump announced his selection of prominent investor Scott Bessent as the next U.S. Treasury Secretary, heralding a significant appointment in his new administration.</p><p>Bessent, a well-respected figure in economic circles, comes with notable experience in international investments and is expected to play a pivotal role in shaping financial policy. His appointment follows a thorough review of potential candidates and a keen interest from Wall Street on who would take on this influential cabinet position.</p><p>Bessent will face pressing challenges, including the management of federal debt and implementing Trump's economic agenda, which calls for expansive tax cuts and deregulation aimed at stimulating economic growth.</p> <p>(With inputs from agencies.)</p></section><section> <ul class="list-inline"> <li class="f-18">READ MORE ON:</li> <li> <a href="/news?tag=Scott+Bessent" class="tag">Scott Bessent</a> </li> <li> <a href="/news?tag=Donald+Trump" class="tag">Donald Trump</a> </li> <li> <a href="/news?tag=Treasury+Secretary" class="tag">Treasury Secretary</a> </li> <li> <a href="/news?tag=economic+strategy" class="tag">economic strategy</a> </li> <li> <a href="/news?tag=financial+regulation" class="tag">financial regulation</a> </li> <li> <a href="/news?tag=U.S.+economy" class="tag">U.S. economy</a> </li> <li> <a href="/news?tag=Wall+Street" class="tag">Wall Street</a> </li> <li> <a href="/news?tag=debt+management" class="tag">debt management</a> </li> <li> <a href="/news?tag=income+tax+cuts" class="tag">income tax cuts</a> </li> <li> <a href="/news?tag=economic+growth" class="tag">economic growth</a> </li> </ul> </section><div class="advertisement-area m-t-10"> <div class="advertisement-title">Advertisement</div> <div id="v-devdiscourse-v2"></div> <script data-cfasync="false">(function (v, d, o, ai) { ai = d.createElement('script'); ai.defer = true; ai.async = true; ai.src = v.location.protocol + o; d.head.appendChild(ai); })(window, document, '//a.vdo.ai/core/v-devdiscourse-v2/vdo.ai.js');</script> </div> <div class="also-container"> <div> <h2 class="ar-title">ALSO READ</h2> <ul class="ar-ul"> <li class="also-title"><h3 class="f-18 no-margin font-normal l-h"> <a href="/article/technology/3250716-wall-streets-unsettled-journey-new-tariffs-jolt-markets" class="text-decoration"> Wall Street's Unsettled Journey: New Tariffs Jolt Markets</a></h3> </li><li class="also-title"><h3 class="f-18 no-margin font-normal l-h"> <a href="/article/law-order/3251184-market-turmoil-tariffs-and-tech-shifts-roil-wall-street" class="text-decoration"> Market Turmoil: Tariffs and Tech Shifts Roil Wall Street</a></h3> </li><li class="also-title"><h3 class="f-18 no-margin font-normal l-h"> <a href="/article/headlines/3250785-market-mayhem-wall-street-tumbles-amid-global-trade-tensions" class="text-decoration"> Market Mayhem: Wall Street Tumbles Amid Global Trade Tensions</a></h3> </li><li class="also-title"><h3 class="f-18 no-margin font-normal l-h"> <a href="/article/headlines/3250833-trade-war-tensions-crash-wall-street" class="text-decoration"> Trade War Tensions Crash Wall Street</a></h3> </li><li class="also-title"><h3 class="f-18 no-margin font-normal l-h"> <a href="/article/business/3250979-wall-street-bounces-back-as-trump-delays-mexico-tariffs" class="text-decoration"> Wall Street Bounces Back As Trump Delays Mexico Tariffs</a></h3> </li></ul> </div></div> <button onclick="reset('https://www.devdiscourse.com/Article/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges',3167686);" class="btn btn-default btn-lg m-b-20 m-t-20 btn-block"> <img src="/images/icons/comment_bubble.svg" alt="comments" /> POST / READ COMMENTS </button> <section id="art_3167686" class="commentbox"> <div id="disqus_thread" style="display:none;"> <img data-src="/images/icons/disqus_loader.svg" class="center-block lazy" /> </div></section> </article> <div id="NewsNews"></div> </div><div class="col-md-4"> <div class="advertisement-area"> <div class="advertisement-title">Advertisement</div> </div> <section class="clearfix m-t-10"> <h2 class="section-title3"> <span>TRENDING</span> </h2> <div class="media p-b-10"> <span class="trend-number">1</span> <div class="media-left"> <a href="/article/sports-games/3266665-shocking-nba-trade-doncics-departure-stuns-mavericks-fans-wembanyama-weighs-in"> <img class="img-rounded lazy" data-src="/AdminFiles/UserFiles/22_11_2018_14_00_28_6024474.jpg?width=80&height=80&format=jpg&mode=crop" src="/Content/transparent.png?width=80&height=80&format=jpg&mode=crop" alt="Shocking NBA Trade: Doncic's Departure Stuns Mavericks Fans, Wembanyama Weighs In" /> </a> </div><div class="media-body"> <a href="/article/sports-games/3266665-shocking-nba-trade-doncics-departure-stuns-mavericks-fans-wembanyama-weighs-in" title="Shocking NBA Trade: Doncic's Departure Stuns Mavericks Fans, Wembanyama Weighs In" class="text-decoration"> <h4 class="media-heading trend-title">Shocking NBA Trade: Doncic's Departure Stuns Mavericks Fans, Wembanyama Weig...</h4> </a> <small class="media-meta font-sans-serif ls-1 text-uppercase text-muted"> Global</small> </div></div><div class="media p-b-10"> <span class="trend-number">2</span> <div class="media-left"> <a href="/article/politics/3266664-impeachment-looms-for-argentine-leader-over-crashed-cryptocurrency"> <img class="img-rounded lazy" data-src="/remote.axd?https://devdiscourse.blob.core.windows.net/aiimagegallery/04_07_2024_10_47_58_9237691.png?width=80&height=80&format=jpg&mode=crop" src="/Content/transparent.png?width=80&height=80&format=jpg&mode=crop" alt="Impeachment Looms for Argentine Leader Over Crashed Cryptocurrency" /> </a> </div><div class="media-body"> <a href="/article/politics/3266664-impeachment-looms-for-argentine-leader-over-crashed-cryptocurrency" title="Impeachment Looms for Argentine Leader Over Crashed Cryptocurrency" class="text-decoration"> <h4 class="media-heading trend-title">Impeachment Looms for Argentine Leader Over Crashed Cryptocurrency</h4> </a> <small class="media-meta font-sans-serif ls-1 text-uppercase text-muted"> Global</small> </div></div><div class="media p-b-10"> <span class="trend-number">3</span> <div class="media-left"> <a href="/article/law-order/3266663-diplomatic-thaw-us-and-russia-discuss-peace-and-progress"> <img class="img-rounded lazy" data-src="/remote.axd?https://devdiscourse.blob.core.windows.net/devnews/11_12_2023_06_14_40_8417159.jpg?width=80&height=80&format=jpg&mode=crop" src="/Content/transparent.png?width=80&height=80&format=jpg&mode=crop" alt="Diplomatic Thaw: US and Russia Discuss Peace and Progress" /> </a> </div><div class="media-body"> <a href="/article/law-order/3266663-diplomatic-thaw-us-and-russia-discuss-peace-and-progress" title="Diplomatic Thaw: US and Russia Discuss Peace and Progress" class="text-decoration"> <h4 class="media-heading trend-title">Diplomatic Thaw: US and Russia Discuss Peace and Progress</h4> </a> <small class="media-meta font-sans-serif ls-1 text-uppercase text-muted"> Global</small> </div></div><div class="media p-b-10"> <span class="trend-number">4</span> <div class="media-left"> <a href="/article/politics/3266662-us-deportation-flights-stir-political-debate-in-punjab"> <img class="img-rounded lazy" data-src="/remote.axd?https://devdiscourse.blob.core.windows.net/imagegallery/27_05_2019_11_50_40_2945094.jpg?width=80&height=80&format=jpg&mode=crop" src="/Content/transparent.png?width=80&height=80&format=jpg&mode=crop" alt="US Deportation Flights Stir Political Debate in Punjab" /> </a> </div><div class="media-body"> <a href="/article/politics/3266662-us-deportation-flights-stir-political-debate-in-punjab" title="US Deportation Flights Stir Political Debate in Punjab" class="text-decoration"> <h4 class="media-heading trend-title">US Deportation Flights Stir Political Debate in Punjab</h4> </a> <small class="media-meta font-sans-serif ls-1 text-uppercase text-muted"> India</small> </div></div> <div style="display:none;"><a href="https://wiobs.com/">WIOBS</a></div> </section> <section class="clearfix m-t-10"> <h2 class="section-title3"> <span>OPINION / BLOG / INTERVIEW</span> </h2> <a href="/article/other/3264355-south-africas-green-transition-preparing-the-workforce-for-a-sustainable-future" class="text-decoration"> <div class="row m-b-20"> <div class="col-md-12 col-sm-5"> <div class="trend-img lazy lazyload" data-src="/remote.axd?https://devdiscourse.blob.core.windows.net/devnews/14_02_2025_08_47_35_3824856.webp?width=320&height=240&mode=crop"></div> </div> <div class="col-md-12 col-sm-7"> <h4 class="fg-black no-margin f-18 l-h">South Africa’s Green Transition: Preparing the Workforce for a Sustainable Future</h4> </div> </div> </a> <a href="/article/international/3264357-can-minimum-wages-fight-poverty-lessons-from-indonesias-economic-policies" class="text-decoration"> <div class="row m-b-20"> <div class="col-md-12 col-sm-5"> <div class="trend-img lazy lazyload" data-src="/remote.axd?https://devdiscourse.blob.core.windows.net/devnews/14_02_2025_08_51_06_41702.webp?width=320&height=240&mode=crop"></div> </div> <div class="col-md-12 col-sm-7"> <h4 class="fg-black no-margin f-18 l-h">Can Minimum Wages Fight Poverty? Lessons from Indonesia’s Economic Policies</h4> </div> </div> </a> <a href="/article/other/3264360-expanding-parental-rights-in-argentina-a-step-toward-gender-equality-and-inclusion" class="text-decoration"> <div class="row m-b-20"> <div class="col-md-12 col-sm-5"> <div class="trend-img lazy lazyload" data-src="/remote.axd?https://devdiscourse.blob.core.windows.net/devnews/14_02_2025_08_54_26_6916405.webp?width=320&height=240&mode=crop"></div> </div> <div class="col-md-12 col-sm-7"> <h4 class="fg-black no-margin f-18 l-h">Expanding Parental Rights in Argentina: A Step Toward Gender Equality and Inclusion</h4> </div> </div> </a> <a href="/article/other/3264710-mexicos-child-labor-ban-impact-on-employment-education-and-policy-lessons" class="text-decoration"> <div class="row m-b-20"> <div class="col-md-12 col-sm-5"> <div class="trend-img lazy lazyload" data-src="/remote.axd?https://devdiscourse.blob.core.windows.net/devnews/14_02_2025_14_45_01_6898447.webp?width=320&height=240&mode=crop"></div> </div> <div class="col-md-12 col-sm-7"> <h4 class="fg-black no-margin f-18 l-h">Mexico’s Child Labor Ban: Impact on Employment, Education, and Policy Lessons</h4> </div> </div> </a> </section> <section class="m-t-10" id="video_section"> <h2 class="section-title3"> <span>DevShots</span> </h2> </section> <section class="clearfix m-t-10"> <h2 class="section-title3"> <span>Latest News</span> </h2> <ul class="ar-ul"> <li class="also-title"> <h3 class="f-18 no-margin font-normal l-h"> <a href="/article/entertainment/3267866-pope-francis-faces-complex-clinical-picture-amid-respiratory-infection" class="text-decoration"> Pope Francis Faces Complex Clinical Picture Amid Respiratory Infection </a> </h3> </li> <li class="also-title"> <h3 class="f-18 no-margin font-normal l-h"> <a href="/article/business/3267865-indias-trade-dynamics-navigating-global-uncertainties" class="text-decoration"> India's Trade Dynamics: Navigating Global Uncertainties </a> </h3> </li> <li class="also-title"> <h3 class="f-18 no-margin font-normal l-h"> <a href="/article/headlines/3267864-salila-pande-appointed-as-sbi-cards-new-md-ceo" class="text-decoration"> Salila Pande Appointed as SBI Card's New MD & CEO </a> </h3> </li> <li class="also-title"> <h3 class="f-18 no-margin font-normal l-h"> <a href="/article/science-environment/3267863-delhi-shaken-by-early-morning-earthquake-understanding-normal-faulting" class="text-decoration"> Delhi Shaken by Early Morning Earthquake: Understanding Normal Faulting </a> </h3> </li> </ul> </section> <div class="clearfix m-t-10"> <div class="bg-highlight p-t-10 p-b-10"> <div id="carousel-example-generic" class="carousel slide custom-carousel" data-ride="carousel"> <div class="carousel-inner" role="listbox"> <div class="item active"> <a href="https://play.google.com/store/apps/details?id=com.visionri.devdiscourse" target="_blank" title="Devdiscourse - Download our App" rel="noreferrer"><img src="/AdminFiles/Ads/devdiscourse_app_300x300.jpg" class="img-responsive" /></a> </div><div class="item"> <a href="https://visionri.com/Home/IdeaME" target="_blank" title="IDEA-ME" rel="noreferrer"> <img data-src="/AdminFiles/Ads/idea_me_300x300.jpg" class="img-responsive lazy" /> </a> </div><div class="item"> <a href="https://visionri.com/Home/IdeaKM" target="_blank" title="IDEA-KM" rel="noreferrer"> <img data-src="/AdminFiles/Ads/idea_km_300x300.jpg" class="img-responsive lazy" /> </a> </div><div class="item"> <a href="https://visionri.com/Home/Vithi" target="_blank" title="Vithi" rel="noreferrer"> <img data-src="/AdminFiles/Ads/vithi_300x300.jpg" class="img-responsive lazy" /> </a> </div><div class="item"> <a href="https://visionri.com/Home/Vyapad" target="_blank" title="Vyapad" rel="noreferrer"> <img data-src="/AdminFiles/Ads/vyapad_300x300.jpg" class="img-responsive lazy" /> </a> </div><div class="item"> <a href="https://visionri.com/Home/Vyoma" target="_blank" title="Vyoma" rel="noreferrer"> <img data-src="/AdminFiles/Ads/vyoma_300x300.jpg" class="img-responsive lazy" /> </a> </div></div></div></div> </div> <section class="clearfix m-t-10"> <h2 class="section-title3"> <span>Connect us on</span> </h2> <a target="_blank" href="https://www.facebook.com/devdiscourse" rel="noreferrer" aria-label="Devdiscourse Facebook Page" class="btn btn-connect facebook"> <span class="fa fa-facebook" aria-hidden="true"></span> Facebook </a> <a target="_blank" href="https://twitter.com/dev_discourse" rel="noreferrer" aria-label="Devdiscourse Twitter Page" class="btn btn-connect twitter"><span class="fa fa-twitter" aria-hidden="true"></span> Twitter</a> <a target="_blank" href="https://www.linkedin.com/showcase/dev_discourse/" rel="noreferrer" aria-label="Devdiscourse LinkedIn Page" class="btn btn-connect linkedin"><span class="fa fa-linkedin" aria-hidden="true"></span> LinkedIn</a> <a target="_blank" href="https://www.quora.com/profile/DevDiscourse" rel="noreferrer" aria-label="Devdiscourse Quora Page" class="btn btn-connect quora"><span class="fa fa-quora" aria-hidden="true"></span> Quora</a> <a target="_blank" href="https://www.youtube.com/channel/UC28dlbVXA88OyB83dM8BEYg?sub_confirmation=1" rel="noreferrer" aria-label="Subscribe on Youtube" class="btn btn-connect youtube"><span class="fa fa-youtube" aria-hidden="true"></span> Youtube</a> <a target="_blank" href="https://news.google.com/publications/CAAqBwgKMMDbhQsw7_-CAw?hl=en-AU&gl=AU&ceid=AU%3Aen" rel="noreferrer" aria-label="Subscribe on Google News" class="btn btn-connect facebook"> <img src="/images/icons/google_news.svg" /> Google News </a> <a target="_blank" href="http://feeds.feedburner.com/devdiscourse/NCFS" rel="noreferrer" aria-label="Devdiscourse RSS Feed" class="btn btn-connect rss"><span class="fa fa-rss" aria-hidden="true"></span> RSS</a> </section> </div> </div> </div> </div><div class="feedbackPopup"> <div class="f-18"> Give Feedback <span class="fa fa-times pull-right" id="cancelPopup"></span> </div><div class="m-t-10"> <label class="control-label" for="fuser">Name</label> <input type="text" class="form-control" id="fuser" placeholder="Enter your name"/> </div><div class="m-t-20"> <label class="control-label" for="femail">Email</label> <input type="text" class="form-control" id="femail" placeholder="Enter your email"/> </div><div class="m-t-20"> <label class="control-label" for="fmessage">Message</label><textarea class="form-control" id="fmessage" placeholder="Enter your message"></textarea> </div><div class="m-t-20"> <button type="button" class="btn btn-primary btn-block" id="submitFeedBtn">Submit</button> </div></div><button type="button" id="myBtn" class="floating-btn" title="Back to Top"><span class="fa fa-angle-up fa-2x" style="margin-top:-3px"></span></button> <button type="button" id="feedbackBtn" class="hidden-xs floating-btn" title="Give Feedback"><span class="fa fa-envelope-open"></span></button> <div class="bg-white p-t-20"> <div class="footer"> <div class="footer-head bg-highlight"> <div class="container-fluid"> <div class="row"> <div class="col-md-6 col-md-offset-1 col-sm-offset-0 col-sm-12 text-center"> <ul class="nav navbar-nav"> <li> <a href="/" title="Home">HOME</a> </li><li> <a href="/aboutus" title="About Us">ABOUT</a> </li><li> <a href="/career" title="Career">CAREER</a> </li><li> <a href="/advertisewithus" title="Advertisement">ADVERTISEMENT</a> </li><li> <a href="/aboutus#devteam" title="Team">TEAM</a> </li><li> <a href="/partners/knowledge-partners" title="Knowwledge Partnership">KNOWLEDGE PARTNERSHIP</a> </li><li> <a href="/partners/media-partners" title="Media Partnership">MEDIA PARTNERSHIP</a> </li><li> <a href="/internship" title="Internship with Devdiscourse">INTERNSHIP</a> </li><li> <a href="/aboutus#meet" title="Contact Us">CONTACT US</a> </li></ul> </div><div class="col-md-4 col-sm-12 text-right"> <div class="form-inline" style="text-align:left;"> <span>Subscribe to our Newsletter </span> <div class="input-group"> <input type="text" class="form-control b-left-r b-r-0" aria-label="Subscribe For Email" id="subscribeEmail" placeholder="Email*"> <div class="input-group-btn"> <button class="btn btn-primary b-right-r b-l-0" id="subscribeBtn" type="button"> SUBSCRIBE </button> </div></div></div></div></div></div></div> <div class="footer-body"> <div class="container"> <div class="row" style="margin-top:0;"> <div class="col-md-4 col-sm-8 col-xs-12"> <div class="footer-menu"> <h4>SECTORS</h4> <div id="footer-sector" class="row"> <div class="col-xs-6"> <ul> <li> <a href="/news/agro-forestry" title="AGRO-Forestry">Agro-Forestry</a> </li><li> <a href="/news/art-culture" title="Art & Culture">Art & Culture</a> </li><li> <a href="/news/technology" title="Technology">Technology</a> </li><li> <a href="/news/economy-business" title="Economy & Business">Economy & Business</a> </li><li> <a href="/news/education" title="Education">Education</a> </li><li> <a href="/news/energy-extractives" title="Energy & Extractives">Energy & Extractives</a> </li><li> <a href="/news/politics" title="Politics">Politics</a> </li></ul> </div><div class="col-xs-6"> <ul> <li> <a href="/news/law-governance" title="Law & Governance">Law & Governance</a> </li><li> <a href="/news/health" title="Health">Health</a> </li><li> <a href="/news/science-environment" title="Science & Environment">Science & Environment</a> </li><li> <a href="/news/socialgender" title="Social & Gender">Social & Gender</a> </li><li> <a href="/news/sports" title="Sports">Sports</a> </li><li> <a href="/news/transport" title="Transport">Transport</a> </li><li> <a href="/news/urban-development" title="Urban Development">Urban Development</a> </li><li> <a href="/news/wash" title="WASH">WASH</a> </li></ul> </div></div></div></div><div class="col-md-2 col-sm-4 col-xs-12"> <div class="footer-menu"> <h4>EDITIONS</h4> <div> <ul> <li> <a href="/pacific">Pacific</a> </li><li> <a href="/south-asia">South Asia</a> </li><li> <a href="/south-east-asia">East and South East Asia</a> </li><li> <a href="/europe-central-asia">Europe and Central Asia</a> </li><li> <a href="/central-africa">Central Africa</a> </li><li> <a href="/east-africa">East Africa</a> </li><li> <a href="/southern-africa">Southern Africa</a> </li><li> <a href="/west-africa">West Africa</a> </li><li> <a href="/middle-east-north-africa">Middle East and North Africa</a> </li><li> <a href="/north-america">North America</a> </li><li> <a href="/latin-america">Latin America and Caribbean</a> </li></ul> </div></div></div><div class="col-md-4 col-sm-8 col-xs-12"> <div class="footer-menu"> <h4>OTHER LINKS</h4> <div class="row"> <div class="col-xs-6"> <ul> <li class="text-align"> <a href="/Writeforus" class="tags">Write for us</a> </li><li class="text-align"> <a href="/press-release" class="tags">Submit Press Release</a> </li><li class="text-align"> <a href="/blogs" class="tags">Opinion / Blog / Analysis</a> </li><li class="text-align"> <a href="/stories/business" class="tags">Business News</a> </li><li class="text-align"> <a href="/stories/entertainment" class="tags">Entertainment News</a> </li><li class="text-align"> <a href="/stories/technology" class="tags">Technology News</a> </li></ul> </div><div class="col-xs-6"> <ul> <li class="text-align"> <a href="/stories/law-order" class="tags">Law-order News</a> </li><li class="text-align"> <a href="/stories/lifestyle" class="tags">Lifestyle News</a> </li><li class="text-align"> <a href="/stories/national" class="tags">National News</a> </li><li class="text-align"> <a href="/stories/international" class="tags">International News</a> </li><li class="text-align"> <a href="/stories/headlines" class="tags">Headlines</a> </li><li class="text-align"> <a href="/stories/other" class="tags">Other</a> </li></ul> </div></div></div></div><div class="col-md-2 col-sm-4 col-xs-12"> <div class="footer-menu"> <h4>OTHER PRODUCTS</h4> <div> <ul> <li> <a href="http://www.visionri.com/Home/Vithi" rel="noreferrer" title="VITHI - Road Asset Management System" target="_blank">VITHI</a> </li><li> <a href="http://www.visionri.com/Home/Vyoma" rel="noreferrer" title="VYOMA - Water Asset Management System" target="_blank">VYOMA</a> </li><li> <a href="http://www.visionri.com/Home/Vyapad" rel="noreferrer" title="VYAPAD - Sustaintable Road Crash Data Management System" target="_blank">VYAPAD</a> </li><li> <a href="http://www.visionri.com/Home/IdeaKM" rel="noreferrer" title="IDEA - Knowledge Management Syatem" target="_blank">IDEA-KM</a> </li><li> <a href="http://www.visionri.com/Home/IdeaME" rel="noreferrer" title="IDEA - Monitoring and Evalution" target="_blank">IDEA-M&E</a> </li></ul> </div><h4>CONNECT</h4> <div> <ul class="list-inline connect-list"> <li> <a target="_blank" href="https://www.facebook.com/devdiscourse" rel="noreferrer" aria-label="Devdiscourse Facebook Page"><span class="fa fa-facebook" aria-hidden="true"></span></a> </li><li> <a target="_blank" href="https://twitter.com/dev_discourse" rel="noreferrer" aria-label="Devdiscourse Twitter Page"><span class="fa fa-twitter" aria-hidden="true"></span></a> </li><li> <a target="_blank" href="https://www.linkedin.com/showcase/dev_discourse/" rel="noreferrer" aria-label="Devdiscourse LinkedIn Page"><span class="fa fa-linkedin" aria-hidden="true"></span></a> </li><li> <a target="_blank" href="https://www.quora.com/profile/DevDiscourse" rel="noreferrer" aria-label="Devdiscourse Quora Page"><span class="fa fa-quora" aria-hidden="true"></span></a> </li><li> <a target="_blank" href="http://feeds.feedburner.com/devdiscourse/NCFS" rel="noreferrer" aria-label="Devdiscourse RSS Feed"><span class="fa fa-rss" aria-hidden="true"></span></a> </li></ul> </div></div></div></div></div></div><div class="p-20 clearfix"> <img src="/AdminFiles/Logo/devdiscourse_logo.svg" width="200" height="45" title="Devdiscourse" alt="Devdiscourse" class="center-block img-responsive" /> </div><div class="clearfix container text-center m-t-10"> <p id="footer-text"> Email: info@devdiscourse.com <br />Phone: +91-720-6444012, +91-7027739813, 14, 15 </p></div><div class="clearfix text-center footer-link m-t-10 bg-highlight"> <span><a href="http://www.visionri.com" target="_blank" rel="noreferrer" title="VisionRI Connexion Services Private Limited"> VisionRI</a></span> | <span><a href="/home/disclaimer" title="Disclaimer">Disclaimer</a></span> | <span><a href="/home/privacypolicy" title="Terms & Conditions">Terms of use </a></span> | <span><a href="/home/privacypolicy#use" title="Privacy Policy">Privacy Policy</a></span> <p class="no-margin">© Copyright 2025</p></div></div> </div> <script src="https://ajax.googleapis.com/ajax/libs/jquery/3.5.1/jquery.min.js"></script> <script src="https://cdn.jsdelivr.net/npm/bootstrap@3.4.1/dist/js/bootstrap.min.js"></script> <script src="/bundles/bootstrap?v=ZRM84GXjr5hOlNWXLq6KdmCpJw5M0cIm9_mWItBzCS41"></script> <script type="text/javascript"> var _ismobile = false; var _sector = '5'; var _region = 'Global Edition'; var label = 'politics' == "" ? "agency-wire" : 'politics'; var _id = '462f404a-9ed5-4c4c-9a17-dbc5bc3fb823'; var skip = -1; var inCallback = !1; var newsId = '3167686'; var newsUrl = '/article/politics/3167686-scott-bessent-trumps-treasury-pick-to-tackle-economic-challenges'; var news_image_url = 'https://www.devdiscourse.com/remote.axd?https://devdiscourse.blob.core.windows.net/imagegallery/29_02_2020_16_57_55_697089.jpg?width=920'; var news_title = 'Scott Bessent: Trump's Treasury Pick to Tackle Economic Challenges'; var news_country = ''; var published = '2024-11-23T05:45:38+05:30'; var bannerArr = ["/AdminFiles/COE/pharma_728x90.jpg", "/AdminFiles/COE/retail_728x90.jpg", "/AdminFiles/COE/supply_chain_728x90.jpg", "/AdminFiles/COE/telehealth_728x90.jpg", "/AdminFiles/COE/workplace_728x90.jpg", "/AdminFiles/Ads/Banner/vithi_banner2.jpg", "/AdminFiles/Ads/Banner/IDEA_kms_banner.jpg", "/AdminFiles/Ads/Banner/natural_resourse_banner.jpg", "/AdminFiles/Ads/Banner/transport_banner.png"]; var mobileBannerArr = [ "/AdminFiles/COE/pharma_300x300.jpg", "/AdminFiles/COE/retail_300x300.jpg", "/AdminFiles/COE/supply_chain_300x300.jpg", "/AdminFiles/COE/telehealth_300x300.jpg", "/AdminFiles/COE/workplace_300x300.jpg", "/AdminFiles/Ads/Banner/vithi_mobile.jpg", "/AdminFiles/Ads/Banner/IDEA_kms_mobile.jpg", "/AdminFiles/Ads/Banner/natural_resourse_mobile.jpg", "/AdminFiles/Ads/Banner/transport_mobile.jpg"]; var urlLinkArr = ["https://www.visionri.com/insight/13-pharma-post-covid-19-reducing-political-clout-can-alter-business-models", "https://www.visionri.com/insight/14-retail-post-covid-19-knocking-down-persistent-barriers-to-change", "https://www.visionri.com/insight/15--supply-chains-post-covid-19-disruptions-to-accelerate-long-pending-revamping", "https://www.visionri.com/insight/16-telehealth-post-covid-19-breaking-stereotypes-and-embracing-the-potential-of-technology", "https://www.visionri.com/insight/17--workplaces-post-covid-19-tech-innovations-to-catalyse-a-remote-working-culture", "http://visionri.com/Home/Vithi", "http://www.visionri.com/Home/IdeaKM", "http://visionri.com/Markets/NaturalResourceManagement", "http://visionri.com/Markets/Transport"]; $(".linkBtn").removeClass("active"), $('#newsLink').addClass("active");var initHeight = 10; var _isAdmin = false; function twitterLoaded() { twttr.events.bind('loaded', function (event) { }) }</script> <script src="/Scripts/article_new.js"></script> <script type="text/javascript">var disqus_shortname = 'www-devdiscourse-com-1'; var disqus_url = ''; var disqus_config = function () { this.language = "en"; }; var reset = function (newUrl, data_id) { if (typeof DISQUS === "undefined") { $('#disqus_thread').show(); var dsq = document.createElement('script'); dsq.type = 'text/javascript'; /*dsq.async=true;*/ dsq.src = 'https://' + disqus_shortname + '.disqus.com/embed.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(dsq); } else { $('.commentbox').html(''); $('#art_' + data_id).html('<div id="disqus_thread"></div>'); DISQUS.reset({ reload: true, config: function () { this.page.identifier = __newId; this.page.url = newUrl; } }); } };</script> <script src="/Scripts/lazysizes.min.js" async></script> <script async src="//www.instagram.com/embed.js"></script> <script async src="https://platform.twitter.com/widgets.js" onload="twitterLoaded()" charset="utf-8"></script> <script async src="//embed.redditmedia.com/widgets/platform.js" charset="UTF-8"></script> <script>(function (i, s, o, g, r, a, m) { i['GoogleAnalyticsObject'] = r; i[r] = i[r] || function () { (i[r].q = i[r].q || []).push(arguments) }, i[r].l = 1 * new Date(); a = s.createElement(o), m = s.getElementsByTagName(o)[0]; a.async = 1; a.src = g; m.parentNode.insertBefore(a, m) })(window, document, 'script', 'https://www.google-analytics.com/analytics.js', 'ga'); ga('create', 'UA-123167123-1', 'auto'); ga('send', { hitType: 'pageview', page: location.pathname });</script> <script>var __webEdition="Global Edition";</script> <script src="/Scripts/layout.min.js"></script> <style> @import "https://fonts.googleapis.com/css?family=Oswald:400,500|Frank+Ruhl+Libre:400,500,700&display=swap"; </style> <script type="text/javascript"> var sc_project = 12798725; var sc_invisible = 1; var sc_security = "2855a7d8"; </script> <script type="text/javascript" src="https://www.statcounter.com/counter/counter.js" async></script> <noscript> <div class="statcounter"> <a title="Web Analytics Made Easy - Statcounter" href="https://statcounter.com/" target="_blank"> <img class="statcounter" src="https://c.statcounter.com/12798725/0/2855a7d8/1/" alt="Web Analytics Made Easy - Statcounter" referrerPolicy="no-referrer-when-downgrade"> </a> </div> </noscript> </body> </html>