29-01-2025, 08:40 AM
Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president's tax cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status.
Bessent, 62, has said he would back tougher sanctions on Russian oil majors as a way to end the war in Ukraine, while signaling a hawkish approach on China.
Bessent's confirmation makes him the first openly gay cabinet official in a Republican administration.
https://www.bangkokpost.com/business/gen...gn=Article&utm_source=article_suggestion_business&utm_medium=reccommended&utm_content=suggestion-article
Bessent, 62, has said he would back tougher sanctions on Russian oil majors as a way to end the war in Ukraine, while signaling a hawkish approach on China.
Bessent's confirmation makes him the first openly gay cabinet official in a Republican administration.
https://www.bangkokpost.com/business/gen...gn=Article&utm_source=article_suggestion_business&utm_medium=reccommended&utm_content=suggestion-article