Wall Street Waits for Trump’s Treasury Pick

President-elect Donald Trump has yet to make his decision for Treasury secretary. Wall Street is still waiting for the official announcement as market watchers speculate who could be chosen for the high-level position. Scott Bessent, a billionaire financier, and Kevin Warsh, a former Federal Reserve Board member, are the heavy favorites to lead the Treasury Department. In recent days, two more names have been added to the conversation: Apollo Wealth Management CEO Marc Rowan and Sen. Bill Haggerty (R-Tenn.). Scott Bessent Bessent, the founder of global macro investment company Key Square Group and Trump’s key economic adviser, has garnered the support of several prominent individuals....