Bessent to Divest Hedge Fund Assets if Confirmed as Treasury Head

Scott Bessent, nominated by President-elect Donald Trump to be the next U.S. Treasury Secretary, has taken steps to divest key assets to avoid potential conflicts of interest. As Trump’s inauguration nears, Bessent revealed assets totaling at least $521 million, though the actual value is likely significantly higher.  A filing made public on January 11 by the U.S. Office of Government Ethics... source: https://news.shib.io/2025/01/13/bessent-to-divest-hedge-fund-assets-if-confirmed-as-treasury-head/?utm_source=rss&utm_medium=rss&utm_campaign=bessent-to-divest-hedge-fund-assets-if-confirmed-as-treasury-head