(FILES) US investor and hedge fund manager Scott Bessent testifies before the Senate Finance Committee on his nomination to be Secretary of the Treasury, on Capitol Hill in Washington, DC, on January 16, 2025. Bessent won Senate approval to become the Treasury Secretary on January 27, 2025. Bessent, who cleared the confirmation vote by 68-29, has defended the Republican president's tax cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)