What Trump’s Treasury Pick Thinks About Taxes, the Markets and More

What You Need To Know

• Scott Bessent, who leads hedge fund Key Square, wants to renew the '17 tax cuts and loosen regulations.
• He also wants tariffs, a shadow chair for the Federal Reserve and maybe a weaker dollar.
• He’s said Trump will aim to shrink federal budget deficits to 3% of gross domestic product, from roughly 6.2% .