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Trump's Treasury Secretary Pick to Divest Assets Amid Conflict Concerns

2025-01-12

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Trump's Treasury Secretary Pick to Divest Assets Amid Conflict Concerns

President-elect Donald Trump's nominee for Treasury secretary, Scott Bessent, is set to divest from numerous funds, trusts, and investments to avoid potential conflicts of interest. As reported by The New York Times, this move is a key step in preparations for his new role. With a focus on financial regulation and investment management, Bessent's decision aims to ensure transparency and accountability. Key issues like financial planning, investment strategy, and conflict of interest will be closely watched. By divesting his assets, Bessent seeks to maintain the integrity of the Treasury department. ...Read more

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