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Billionaire hedge fund manager Scott Bessent confirmed as Treasury secretary

Bessent pledged to sell his hedge fund stake within 90 days of confirmation.

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, poses for a photo with Cabinet picks, other nominees and appointments, at the National Gallery of Art in Washington, Saturday, Jan. 18, 2025. AP Photo/Mark Schiefelbein

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