Scott Bessent: Trump's Treasury Pick
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Treasury secretaryCNBC
•US Politics
US Politics
What Trump's pick for Treasury secretary could mean for global markets
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81% Informative
Scott Bessent , the founder of Connecticut -based investment firm Key Square Group , is expected to push for a softer approach to tariffs, strip back regulation to boost growth and target a reduction in deficit spending.
The U.S. dollar index, which measures the greenback against six major currencies, fell 0.5% to 107.01 on Monday .
The euro was a top performer, rising 0.7% to trade at $ 1.049 at 12:50 p.m. London time.
VR Score
83
Informative language
82
Neutral language
51
Article tone
formal
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English
Language complexity
56
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Hate speech
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Attention-grabbing headline
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short-lived
External references
3
Source diversity
3
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