“When Scott Bessent left President-elect Donald Trump’s Mar-a-Lago compound in Palm Beach, Florida, last Friday, his allies were optimistic that the hedge fund executive was virtually certain to be named the next treasury secretary,” the Washington Post reports.
“On Thursday, however, Bessent again flew to Florida with his bid for the Cabinet post still hanging in the balance.
Bessent is expected to be interviewed by Trump on Friday — as a rival contender for the post, the Trump transition co-chair and Wall Street banker Howard Lutnick, makes his own bid to become the most senior economic official in the U.S. government.”