Scott Bessent and(Soros?)"breaking the bank of England."
Economic advisor for Donald Trump, TACO, Great time to buy!
THIS IS CHARLES SCHWAB. IT'S
NOT JUST A COMPANY. IT'S
ACTUALLY AN INDIVIDUAL.
>> HE MADE HE.
>> MADE 2.5 BILLION TODAY.
>> AND.
>> HE MADE.
>> 900 MILLION
Scott Bessent: From Soros's Protégé to Trump's Pick: Scott Bessent's trajectory is perhaps one of the most striking examples of the fluid nature of these elite financial networks. As a former partner at George Soros's Soros Fund Management, Bessent played a leading role in the group that famously profited by $1 billion on "Black Wednesday," the 1992 British Pound sterling crisis. This event saw George Soros earn the moniker "the Man Who Broke the Bank of England" by orchestrating a massive short against the pound, forcing Britain to withdraw from the European Exchange Rate Mechanism (ERM) and demonstrating the immense power of financial speculation. Bessent's proficiency in such high-stakes financial maneuvers was honed under Soros.
Yet, Bessent has transitioned to become a key economic advisor and a potential Treasury Secretary nominee for Donald Trump, a figure who often positions himself in stark opposition to George Soros and his perceived "left-wing" influence. Bessent's economic philosophy, reportedly drawing inspiration from Japan's "Abenomics," includes advocating for deregulation, higher GDP growth, and a focus on domestic energy production. He supports tariffs, opposes raising the federal minimum wage, and is notably pro-crypto while opposing a U.S. central bank digital currency (CBDC). This remarkable pivot from a Soros associate to a potential high-ranking official in a Trump administration vividly illustrates the complex and sometimes contradictory nature of these elite networks, where financial acumen can transcend traditional political divides. Furthermore, there are indications that in a future Trump administration, Scott Bessent might also hold an "acting director" role at the Consumer Financial Protection Bureau (CFPB). The CFPB is a federal agency established to protect consumers in the financial marketplace by providing educational materials, accepting complaints, supervising banks, lenders, and large non-bank entities, and working to make financial disclosures clearer. If Bessent were to assume such a role, it would place a figure with deep ties to speculative finance at the helm of a consumer protection agency.
