The Heritage Foundation has expressed its approval of Scott Bessent's appointment as Secretary of the Treasury in President-elect Donald Trump's administration. Bessent, known for founding Key Square Group, is expected to play a key role in advancing fiscal responsibility.
Heritage President Dr. Kevin Roberts commented on the appointment: "Scott Bessent’s appointment as Treasury secretary is a tremendous step toward restoring fiscal responsibility and advancing President Trump’s America First agenda." Roberts highlighted Bessent's background as an economic historian from the private sector, emphasizing his understanding of historical economic lessons and practical experience.
Roberts also contrasted Bessent's approach with that of Janet Yellen, criticizing her tenure for leaving "Treasury markets in chaos" and contributing to a debt crisis. He noted that "Scott knows that the foundation of a strong economy is a strong family," aligning with the America First agenda aimed at empowering families and addressing national debt challenges.
Bessent's appointment is seen by The Heritage Foundation as beneficial for both President Trump's administration and the American populace.
