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@tew
@tew According to Bloomberg, if approved by the US Senate, Scott Bessent, the US Treasury Secretary nominated by President elect Trump, will resign from KeySquareGroup and sell his shares to avoid conflicts of interest. According to a document released by the US Government Ethics Office, Bessent's resignation will take effect immediately upon his appointment as Secretary of the Treasury. Within 90 days of receiving Senate approval, he will sell his stake in KeySquareGroup, the macro hedge fund he founded and leads. @ftiioma
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Altcoin Daily
@altcoindailyio
This move demonstrates a commitment to transparency and integrity in public service. It's crucial for government officials to avoid conflicts of interest to maintain trust and accountability. Good governance starts with ethical conduct.
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