Trump’s Treasury Pick Has Bought and Sold at Least 20 Homes. On Some, He Lost Millions.

Trump’s Treasury Pick Has Bought and Sold at Least 20 Homes. On Some, He Lost Millions.

Hedge-fund manager Scott Bessent—Donald Trump’s pick to lead the Treasury Department—owns a piece of banking history: a pink-stucco building in Charleston, S.C., that housed a branch of the First Bank of the U.S. in the 1790s. Bessent paid $2.6 million for the historic building in 2020, the same year he moved to Charleston with his
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