Odaily News Key Square Group LP founder Scott Bessent, one of the top candidates for Treasury Secretary under the Trump administration, praised Trumps economic agenda as competition for the upcoming cabinet members intensifies, believing that it will promote economic growth in various fields. Scott Bessent said, We had a great economy during Trump 1.0. Under Trumps leadership, we can usher in a golden age in the next four years. We can revitalize manufacturing and achieve energy dominance. We will have peace and a technological boom. Recently, the competition for Trumps second Treasury Secretary has entered the public eye, including Cantor Fitzgerald LP CEO Howard Lutnick, former U.S. Trade Representative Robert Lighthizer and former Securities and Exchange Commission Chairman Jay Clayton have all been mentioned as possible candidates. Bessent, as an important supporter of Trump during the campaign, has received support from a wide range of leaders in Trumps coalition, including long-time allies Steve Bannon and Ralph Reed. Lutnick, who was picked by Trump as a co-chair of the transition, is also seeking the position, according to people familiar with the matter. Lutnick is opposing Bessant, saying the hedge fund manager is weak on key protectionist promises, including tariffs. It is reported that the nomination for the new U.S. Treasury Secretary may be announced as early as this week. (Jinshi)
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