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Axios

Axios

Trump's treasury pick warns of

Axios
Summary
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79% Informative

Scott Bessent is expected to be confirmed as the 79th Treasury secretary of the Treasury .

He warned of economic disaster if the 2017 tax cuts are not extended.

He also seemed to support the idea of the Federal Reserve retaining its ability to set monetary policy independent from political control.

He owns farmland in North Dakota and has an interest in agriculture.