Senate Confirms Hedge Fund Elite Scott Bessent as Treasury Secretary Despite Concerns

In a controversial move, the Senate confirmed Scott Bessent, a well-known hedge fund manager, as Treasury Secretary on Monday. Critics argue that Bessent's Wall Street ties raise questions about the new administration's commitment to economic equality and reform. As President Donald Trump continues to push his pro-business agenda, many worry that Bessent's appointment could prioritize corporate interests over the needs of everyday Americans.