How Wall Street won the Treasury race

If you felt a gust of wind from out of the Northeast on Friday evening, it was the collective sigh of relief coming from New York’s financial district over Donald Trump’s selection of Scott Bessent to lead Treasury.

If you felt a gust of wind from out of the Northeast on Friday evening, it was the collective sigh of relief coming from New York’s financial district over Donald Trump’s selection of Scott Bessent to lead Treasury.