Hedge fund executive Scott Bessent is expected to meet with the president-elect on Friday. Transition co-chair Howard Lutnick is also seeking the post.

Scott Bessent, one of the leading candidates for US Treasury Secretary under Donald Trump’s incoming administration, has a friendly stance on Bitcoin.

Donald Trump is already narrowing his picks for Treasury Secretary, a high-level cabinet position that he’s looking to a slate of current and former finance industry executives to fill.

Polymarket shows over 50% chance of Scott Bessent to be the future Treasury Secretary in Trump’s administration. Mathew Sigel, the Head of Digital Asset Research at VanEck shared Polymarket’s prediction on his X account for the new Secretary of Treasury.

But one key position that hasn’t been filled yet is Treasury secretary, and the person Trump picks will play a crucial role in shaping US economic policy. Senior Washington correspondent and host Saleha Mohsin joins David Gura to tick through the top candidates under consideration and how each might shape the Treasury’s priorities if chosen and confirmed.

Two prominent supporters of President-elect Trump’s campaign have emerged as the front-runners to lead the Treasury Department during his second administration. Trump has reportedly narrowed his list to Scott Bessent,