US Treasury Secretary Scott Bessent hired senior Wall Street economist David Zeworth as an advisor to the Treasury Department. Zeworth has been Jefferies Group's chief market strategist for a long time. According to the statement, Bezent announced this personnel appointment on Monday. Zeworth will undertake extensive consulting work and is expected to take office soon. Zeworth supports Bezent's recent decision to expand the scale of repurchases of some long-term US bonds, and called on the Federal Reserve to lower interest rates. In a brief interview, Zeworth claimed to be a “Wall Street geek,” and said he was happy to begin his third government experience. He commented on Bezent: “In this administration, he has done an excellent job coping with many turbulent times in the economy.” “Whether it's trade issues or war-related matters, he can stand up.” Zeworth said when talking about Vincent.

US Treasury Secretary Scott Bessent hired senior Wall Street economist David Zeworth as an advisor to the Treasury Department. Zeworth has been Jefferies Group's chief market strategist for a long time. According to the statement, Bezent announced this personnel appointment on Monday. Zeworth will undertake extensive consulting work and is expected to take office soon. Zeworth supports Bezent's recent decision to expand the scale of repurchases of some long-term US bonds, and called on the Federal Reserve to lower interest rates. In a brief interview, Zeworth claimed to be a “Wall Street geek,” and said he was happy to begin his third government experience. He commented on Bezent: “In this administration, he has done an excellent job coping with many turbulent times in the economy.” “Whether it's trade issues or war-related matters, he can stand up.” Zeworth said when talking about Vincent.