hedge fund

Trump’s pick for Treasury secretary, billionaire hedge fund manager Scott Bessent, has described tariffs as a powerful means of negotiation.

Earlier on Friday, Trump confirmed reports that Project 2025 architect Russ Vought would lead the Office of Management and Budget and appointed hedge fund manager Scott Bessent to serve as Treasury secretary.

CVS struck a truce with Glenview Capital that includes giving the hedge fund four board seats; and Elliott Investment Management took a 5 percent stake in Tokyo Gas, the Japanese utility company.

Trump was originally expected to pick either Wall Street mogul Howard Lutnick or hedge fund manager Scott Bessent, but is now reportedly having second thoughts.

The Oakland recall against Thao, meanwhile, was heavily funded by hedge fund executive Philip Dreyfuss, who lives in Piedmont, a picturesque city surrounded by Oakland’s borders.