The business community expects Bessent to work closely with business leaders, as well as policymakers from both sides of the aisle.

Scott Bessent, Donald Trump's pick for Treasury Secretary, is a veteran Wall Street executive who advised Trump during his presidential campaign and has praised his economic agenda of tariffs, lower taxes,

Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, has been making a full-court press for the post.