WASHINGTON—Investor Scott Bessent is a top contender for President-elect Donald Trump’s pick for treasury secretary, according to two sources familiar with the matter.
Bessent, 62, is a seasoned hedge fund investor and the founder of global macro investment company Key Square Group. He earned his billion-dollar fortune when he bet against the Japanese yen alongside George Soros when Bessent served as the chief financial officer of the Soros Fund Management more than a decade ago.