PANews reported on January 28 that on January 27, local time, the U.S. Senate confirmed Scott Bessant as Treasury Secretary with 68 votes in favor and 29 votes against. Prior to this, the U.S. Senate Finance Committee approved Bessant's nomination on the 21st with 16 votes in favor and 11 votes against. On the 25th, the Senate advanced the nomination confirmation procedure for Bessant as Treasury Secretary with 67 votes in favor and 23 votes against. (CCTV)

According to previous reports, according to the Financial Times, Bessant is a hedge fund manager who served as an economic adviser to the former president and is widely seen as a leading candidate for the position in Trump's new administration. Bessant is the founder of Key Square Capital Management and became one of Trump's chief economic advisers in 2023. Trump recently described him as a "top Wall Street analyst."

Scott Bessant is a huge supporter of cryptocurrencies, especially Bitcoin.