Come on, everyone, take your stools and eat some melons🍉

Trump nominated Scott Bessant as the next US Treasury Secretary. This guy is a billionaire himself. He graduated from Yale University and has been in the Wall Street financial circle since the 1980s. He worked in Soros's fund company for 20 years and was deeply involved in every financial battle during Soros' peak period, including the Asian financial crisis in 1997. In 2015, he founded his own investment company, focusing on macroeconomic trend investment. He has a close personal relationship with Trump and is an economic adviser in the election team.

What is more surprising is that he is a homosexual and came out very early. His husband is a former New York City prosecutor and they have two children. It's interesting that although Trump publicly raised the banner of opposing LGBT, a core member of his team is a well-known gay. I can only say that Trump is quite pragmatic. He shouts slogans during elections and is unconventional when hiring people.

He advocates tax cuts, the development of traditional energy, and supports the dollar to remain strong, believing that this will help the United States' international leadership and the dollar to continue to maintain its status as the world's reserve currency. He plans to reduce the fiscal deficit to 3% in 2028 and stimulate the US GDP to 3%.

The new Treasury Secretary's view on China is that he recognizes the potential of the Chinese economy, but at the same time believes that the Chinese economy is not market-oriented enough and has more characteristics of a planned economy. In order to prevent the impact of the Chinese economy, he supports gradual tax increases. In addition, he also said that China's regulatory environment is unpredictable and that investment requires strict risk control.

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