Bessent’s career: Scott Bessent, founder of Key Square Capital Management, is notable for his macro investment strategies and strong ties with Wall Street. His experience positions him uniquely to lead US economic policy, particularly amid the current volatile financial markets.

Trade and tariff policies: Alongside his commitment to extending tax cuts, Bessent supports calculated tariffs to minimize trade imbalance but will approach cautiously to avoid market disruptions. This policy reflects careful consideration and feasibility in Trump’s economic strategy.

Impact on cryptocurrency: Scott Bessent is considering developing the cryptocurrency industry in the US under Trump’s leadership. He believes that changes in cryptocurrency policy will help the US maintain and grow its position in the global financial system.