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Live Updates: Trump Selects Scott Bessent for Treasury, Lori Chavez-DeRemer for Labor, and Russ Vought for Budget Positions in Administration


Donald Trump has nominated Scott Bessent to lead the US treasury as part of his new administration’s economic policy. Bessent, a strong advocate of the America First agenda, will focus on driving US competitiveness, stopping unfair trade imbalances, and creating an economy centered around growth. Trump also appointed Sebastian Gorka as deputy assistant for counterterrorism, Alex Wong as deputy national security adviser, and Dr. Janette Nesheiwat as surgeon general. Additionally, Lori Chavez-DeRemer has been chosen as the labor secretary, and Russ Vought as the Office of Management and Budget director. These appointments signal Trump’s commitment to implementing his America First agenda and bringing in experienced individuals to key roles in his administration. The selection of Scott Bessent, in particular, has garnered attention from Wall Street as he is expected to lead key economic policies and continue Trump’s economic promises, including tax cuts. Trump’s new cabinet is starting to take shape with these appointments, and the Senate will need to confirm some of the key positions, such as labor secretary and attorney general nominees.

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