Scott Bessent Appoints David Zervos Treasury Counselor

US Politics23 days ago

The U.S. Department of the Treasury has expanded its top office with a new senior hire from the private sector. Secretary Scott Bessent announced that Dr. David Zervos, a Wall Street economist, will serve as a Counselor in the Office of the Secretary.

The Treasury described the September 28 appointment in an official statement as a key senior appointment. The move adds a private sector economist to the leadership team within the Office of the Secretary.

Mapped to your portfolio

Possible scenarios

45%Advisory Continuity+0.2%
25%Fed Boundary Tensions-0.5%
20%Debt Strategy Shift+0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Scott Bessent Appoints David Zervos Treasury Counselor

In this story

David Zervos Scott Bessent United States Department of the Treasury

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Advisory Continuity+0.2%
25%Fed Boundary Tensions-0.5%
20%Debt Strategy Shift+0.1%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.