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Wall Street likes Trump's pick for Treasury
From Washington to Wall Street: Meet the New Treasury Secretary
Stocks: After underestimating the past two years, Wall Street strategists are back to being bullish. Year-end targets from firms including Goldman Sachs and Morgan Stanley fall near the 6,600 line — representing an advance of about 11.7% from Friday’s close.
Jim Cramer examines Wall Street's reaction to Trump Treasury secretary pick
CNBC’s Jim Cramer said investors demonstrated a belief that hedge fund manager Scott Bessent will be a prudent force as Donald Trump’s Treasury secretary .
Why Wall Street likes Trump's pick for Treasury
Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the president-elect's punishing trade agenda.
The Financial Times
5d
‘Sigh of relief’: Wall Street welcomes Donald Trump’s pick of Scott Bessent for Treasury secretary
‘Sigh of relief’:
Wall
Street
welcomes Donald Trump’s pick of Scott Bessent for
Treasury
secretary
on x (opens in a ...
New Republic
9d
Trump Is Struggling With His Treasury Pick for the Dumbest Reason
But neither of these outcomes mattered to
Wall
Street
. It’s a bit different today. Trump needs a
treasury
secretary
who can sell
Wall
Street
on tax cuts, reduced regulation, and ...
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