US President-elect Donald Trump has named hedge fund manager Scott Bessent as his nominee for Treasury secretary. Bessent, CEO of Key Square Group, has called for tax cuts, wants to reassert American energy dominance, and believes it is necessary to deal with the budget deficit. Trump praised Bessent as one of the world's foremost international investors and strategists, and said he will help usher in a new Golden Age for the US. Bessent's nomination puts him at the forefront of rolling out Trump's economic plan, including tax cuts and managing ties with countries like China.