What Scott Bessent’s Appointment Means for the Trump Administration

ONEnot lastwhite smoke has appeared from Mar-a-Lago. Two and a half weeks after the election and more than a week since it first looked like there might be an announcement about a Treasury Secretary pick, Donald Trump has finally made his decision. On Nov. 22, the campaign said Scott Bessent, a hedge fund titan, would command 1500 Pennsylvania Avenue. Both the appointment of Mr. Bessent and the way he was elected offer clues about economic policy in another Trump term.