Written by President-elect Donald Trump announced Friday that he’ll nominate hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary. Trump also said he would nominate Russel Vought to lead the Office of Management and Budget, a position Vought held during Trump’s first presidency. Vought was closely involved with Project 2025, a conservative […]
Russ Vought, the hard-driving budget director from President-elect Donald Trump’s first administration, will be nominated for a second stint in the job. An unapologetic fiscal and social conservative, Vought is an aggressive advocate of cutting nondefense spending — but not what he calls the earned entitlements, Social Security and Medicare — and using presidential powers […]