Scott Bessent, a cryptocurrency enthusiast, is said to be President-elect Donald Trump's top pick for Treasury Secretary, according to Bloomberg. Bessent runs Key Square Group, a macro investing firm, and was described by the Wall Street Journal as "one of the driving forces" behind Soros Fund Management's famous bet, which bet against the British pound in 1992. Bessent has said he believes crypto is the future of money and that Trump's embrace of it "fits very well with the Republican Party."