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Donald Trump has nominated Scott Bessent to lead the US Treasury Department, ending a prolonged decision-making process for his second term team. Bessent, a Wall Street financier and early supporter of Trump’s 2024 bid, brings a conventional resume to the role, with a focus on supporting the America First Agenda and driving US competitiveness. The Friday flurry of announcements also included nominations for Lori Chavez-DeRemer as Labor Secretary, Scott Turner for Department of Housing and Urban Development, and various health and White House appointments.
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