The 62-year-old treasury nominee has spent his career in finance, and made a big bet on Trump winning the election

• Trump picks Scott Bessent for treasury secretary

Investor Scott Bessent has been nominated by Donald Trump to serve as treasury secretary. The billionaire hedge fund manager has spent his career in finance and the nomination for this post has been one of the most anticipated in recent days.

Here are five things to know about the person who could have vast influence over economic, regulatory and international affairs.