The announcement that President-elect Donald Trump’s long-anticipated pick for Treasury Secretary will be hedge fund manager Scott Bessent is being received well by business leaders and markets, who are reassured that Bessent finally emerged on top after a selection process and jockeying by top candidates. [time-brightcove not-tgx=”true”] Indeed, I heard from several CEOs who had been on edge over the last couple of weeks as Trump’s search for Treasury Secretary remained unfinished, raising different sets of concerns about other contenders.