WASHINGTON (AP) — President-elect Donald Trump announced Friday that he’ll nominate former George Soros money manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary.

WASHINGTON -- Trump says he will nominate former George Soros money manager Scott Bessent to lead the Treasury Department.

Hedge fund mogul Scott Bessent, the pro-tariff Wall Street veteran and former colleague of Democratic megadonor George Soros, is considered the favorite to become perhaps the most prominent voice shaping the Trump economy,