MORNING HEADLINES  | Conway native Scott Bessent, a billionaire hedge fund manager who now lives in Charleston, is President-elect Donald Trump’s pick to lead the U.S. Department of the Treasury.

From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if contradictory Wall Street experience.

Wall Street analysts believe Bessent will encourage Trump to roll back his aggressive plans for imposing tariffs on imported goods.