Betting markets suggest Trump will pick pro-crypto advisor to lead Treasury
Former Soros Fund Management CIO and Trump donor Scott Bessent discusses the impact of a Harris presidency on the economy, the Feds rate cuts, the October jobs report and whether he expects a position in Trumps cabinet if he wins.
President-elect Trump has begun making selections to fill Cabinet positions within his incoming administration and betting markets have identified a clear front-runner for the Treasury secretary role.
Scott Bessent, the founder and CEO of investment firm Key Square Group who previously taught at Yale University, has been a key adviser to Trump’s campaign.
Traders on Polymarket give Bessent an 83% chance of becoming the Treasury secretary nominee, while he has an 82% chance on Kalshi’s prediction market.
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