Important information: Nominees must be confirmed by the United States Senate (recess appointments do not count).
Rules summary for
Scott Bessent
If Scott Bessent is the first person confirmed by the Senate to be Secretary of the Treasury between November 6, 2024 and December 31, 2026, then the market resolves to Yes. Outcome verified from Library of Congress.
Note: this event is mutually exclusive.Expiration value: Scott Bessent
Timeline and payout
About
The Secretary of the Treasury oversees U.S. financial, economic, and tax policy, manages public debt, and leads Treasury law enforcement and financial operations. The role also includes advising the President and representing the U.S. in global financial institutions. President-elect Trump has nominated Scott Bessent for this role, but he has yet to be confirmed by the Senate. (Source: Treasury.gov)