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US Politics

What Trump's pick for Treasury secretary could mean for global markets

CNBC
Summary
Nutrition label

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

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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