Scott Bessent, known for his role in the 1992 Bank of England crisis while working with George Soros, has been chosen to lead the Treasury Department. His extensive hedge fund experience, including a successful bet against the Japanese yen, is seen as a key qualification. Scott Bessent, known for his role in the 1992 Bank of England crisis while working with George Soros, has been chosen to lead the Treasury Department. His extensive hedge fund experience, including a successful bet against the Japanese yen, is seen as a key qualification. Economic Times
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