Treasury Secretary Scott Bessent announced the hiring of Wall Street economist David Zervos as his counselor, adding a prominent markets voice to the Treasury Department’s economic policy team.
Zervos will join the Treasury Department in the role of counselor to Secretary Bessent, where he is expected to provide advice on a range of economic policy issues.
The appointment brings a seasoned market perspective to the administration’s economic team, which has been seeking input from the private‑sector finance community.
By integrating Zervos’s experience from Wall Street, the Treasury aims to enhance its policy formulation with insights drawn from the financial markets.
<small>Source: CNBC — read the original story there.</small>