When Trump announced he’d chosen Bessent to lead the Treasury department, there was no mention of Soros, or his ties to the financier—only that “Bessent has been involved in some of the largest and most profitable trades in Hedge Fund History, including shorting the British pound and the Japanese yen,” the president-elect wrote.

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for treasury secretary.

In a sea of controversial choices for the incoming administration, the president-elect’s choice for treasury head is being welcomed on Wall Street with open arms. In a sea of controversial choices for his second term,