{"id":2521,"date":"2024-11-12T16:31:50","date_gmt":"2024-11-12T16:31:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2521"},"modified":"2024-11-12T16:31:50","modified_gmt":"2024-11-12T16:31:50","slug":"trumps-treasury-pick-frontrunner-scott-bessent-could-shift-wall-street-crypto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2521","title":{"rendered":"Trump&#8217;s Treasury Pick Frontrunner Scott Bessent Could Shift Wall Street, Crypto"},"content":{"rendered":"<div>\n<p>Prominent macro hedge fund manager <strong>Scott Bessent <\/strong>is emerging as the frontrunner for Treasury Secretary in <a href=\"https:\/\/www.benzinga.com\/topic\/donald-trump\">President-elect <strong>Donald Trump<\/strong>&#8216;s administration.<\/a><\/p>\n<p>According to betting markets, Bessent has surged well ahead of other contenders, positioning him as a top pick for the critical role at the Treasury.<\/p>\n<h3 class=\"wp-block-heading\">Betting Markets Favor Bessent For Treasury<\/h3>\n<p>As of Nov. 12, betting odds on CFTC-regulated platform Kalshi show Bessent with an 82% probability of securing the nomination, followed by <strong>John Paulson<\/strong> at 7% and <strong>Jay Clayton<\/strong> at 3%. <\/p>\n<p>Bessent&#8217;s background as a successful hedge fund manager with a macroeconomic focus appears to resonate with Trump&#8217;s key advisers.<\/p>\n<p>Bessent currently leads Key Square Group, a Connecticut-based hedge fund with assets under management (AUM) of approximately $307 million. <\/p>\n<h3 class=\"wp-block-heading\">Bessent&#8217;s Take On Crypto: \u2018Crypto Is About Freedom\u2019<\/h3>\n<p>In July, Bessent made headlines with his bullish views on cryptocurrency, signaling he could be &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/government\/regulations\/24\/11\/41909846\/trumps-treasury-pick-frontrunner-scott-bessent-could-shift-wall-street-crypto\" alt=\"Trump's\" treasury pick frontrunner scott bessent could shift wall street crypto>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prominent macro hedge fund manager Scott Bessent is emerging as the frontrunner for Treasury Secretary in President-elect Donald Trump&#8216;s administration. According to betting markets, Bessent has surged well ahead of other contenders, positioning him as a top pick for the critical role at the Treasury. Betting Markets Favor Bessent For Treasury As of Nov. 12, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2521","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2521"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2521\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}