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Bessent is gay and a former Democrat. He's married to John Freeman, a former NYC prosecutor. They have two children.Scott Bessent seems to be the first sane pick that Trump has made.
The pick made a lot of people a lot of money today on their investment portfolios when the markets opened.
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Trump nominates Scott Bessent to lead Treasury in flurry of picks
He also announces nominees for labour secretary, housing secretary and surgeon general.www.bbc.com
A top adviser to President-elect Donald Trump asked potential administration nominees to give him monthly consulting fees in exchange for advocating for them to Trump, a written review by Trump’s legal team concluded.
The scathing review of Boris Epshteyn, a top lawyer to Trump who has extensive sway in the transition, was prepared by Trump’s attorneys in recent days, according to two people familiar with the report. It found that among those whom Epshteyn had unsuccessfully solicited for payment was Scott Bessent, Trump’s pick for treasury secretary.
Part of me is thinking that with Trump talking up his ridiculous and economically ruinous tariffs so hard, that Bessent was just a stalking horse candidate and that Lou Dobbs will be the final selection.
The perfect nominee.Lou Dobbs is dead.
Kara got there first.Lou Dobbs is dead.
His claims about products that could help people lose weight without changing their eating or exercising habits were the subject of a 2014 Senate hearing. In 2015, 10 doctors wrote a letter to a leader of Columbia University saying Oz shouldn’t be on the faculty.
“Dr. Oz has repeatedly shown disdain for science and for evidence-based medicine, as well as baseless and relentless opposition to the genetic engineering of food crops,” they wrote, according to CBS News. “Worst of all, he has manifested an egregious lack of integrity by promoting quack treatments and cures in the interest of personal financial gain.”
In selecting Oz to head the Centers for Medicare and Medicaid Services, Donald Trump has landed on a prominent hype man for Medicare Advantage, the privately run alternative to government health insurance for senior citizens. (While Trump himself hasn’t offered up many specifics on health-care policy beyond wanting to cut “waste and fraud,” right-wing think tanks have long viewed Medicare Advantage as a cost-cutting solution to the perceived bloat of CMS. Medicare alone accounts for about $1 trillion in annual federal spending.) During his failed bid for a Pennsylvania Senate seat in 2022, the former heart surgeon turned TV host touted his vision of “Medicare Advantage for All,” inviting scrutiny into his financial disclosures, which showed that he owned $600,000 worth of stock in two of the largest Medicare Advantage providers (UnitedHealth Group and CVS/Aetna), not to mention about $8 million in other investments across the health-care sector. While Oz’s possible ascension to one of the most influential posts in American health care has prompted renewed focus on those investments, his ties to Medicare Advantage go deeper than that — extending back to promotional spots on his TV show paid for by one of the sketchier players in the business.
Laura Mannweiler of U.S. News and World Report today estimated the worth of Trump’s current roster of appointees to be at least $344.4 billion, more than the gross domestic product of 169 countries. That number does not include Bessent, whose net worth is hard to find. In comparison, Mannweiler notes, the total net worth of the officials in Biden’s Cabinet was about $118 million.
