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Scott Bessent to Resign from Key Square Group if Confirmed as Treasury Secretary

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Bloomberg
156Words
Jan 11, 2025

Scott Bessent, nominated by President-elect Donald Trump for the US Treasury Department, plans to resign from Key Square Group and divest assets to prevent conflicts of interest if confirmed by the Senate. The resignation will occur immediately after confirmation, and he will wind down his interest in the hedge fund within 90 days, as per the US Office of Government Ethics.

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