Charleston philanthropist Scott Bessent has emerged as the leading candidate to lead U.S. monetary policy under incoming President Donald Trump. Who is he?

A former executive at Democratic megadonor George Soros’ hedge fund, Bessent is some Trump advisors’ favored choice for arguably the top U.S. economic post after John Paulson dropped out of contention.

President-elect Donald Trump is reportedly planning to nominate Scott Bessent, a prominent hedge fund manager with past ties to billionaire George Soros, as Secretary of the Treasury. The unexpected choice has

Scott Bessent is reportedly a heavy favorite in Trump's final list of potential individuals to lead the U.S. Treasury – who is he and will his views have an impact on Bitcoin and the broader crypto industry?

Some of President-elect Donald Trump’s key advisers are backing Scott Bessent, who runs macro hedge fund Key Square Group, as the best choice to serve as Treasury secretary, people familiar with the matter said.