Scott Bessent
Scott Bessent is an American financier and investor, founder of the hedge fund Key Square Group. He was nominated and confirmed as United States Secretary of the Treasury in the administration of President Donald Trump. Earlier in his career he worked at Soros Fund Management, where he was chief investment officer. He is known for his advocacy of free-market policies and lower taxes.
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US Treasury sanctions Russia-linked A7 payment system, designates it a transnational criminal organization
The US Treasury Department has imposed sanctions on the A7 payment system, a Russia-linked financial network that processed payments through international banks in 2024 and 2025. Treasury Secretary Scott Bessent said the main goal of the action is the isolation of Iran and its financial partners.