【If Confirmed As U.S. Treasury Secretary, Scott Bessent Will Sell His Stake In His Hedge Fund To Avoid Conflicts Of Interest】 January 12Th: If Confirmed By The U.S. Senate, Scott Bessent, The U.S. Treasury Secretary Nominee Appointed By Elected President Trump, Will Resign From His Position At Key Square Group And Divest His Holdings To Avoid Conflicts Of Interest.According To A Document Released By The U.S. Office Of Government Ethics, Bessent'S Resignation Will Take Effect Immediately Upon His Appointment As Treasury Secretary. Within 90 Days Of Senate Confirmation, He Will Sell His Holdings In Key Square Group (The Macro Hedge Fund He Founded And Led).Senior Government Officials Must Disclose Their Assets Held Prior To Senate Confirmation And Plan To Divest Assets That May Pose Conflicts Of Interest. The Senate Will Hold A Hearing For Bessent Next Thursday, January 16Th.Bessent Disclosed Assets Worth At Least $521 Million In His Personal Financial Disclosure, A Figure Also Released By The Oge On Saturday, But His Investment Portfolio Is Almost Certainly Worth More. He Listed Nine Top-Level Assets, All Related To His Hedge Fund, Including Two Batches Of U.S. Treasury Bonds, Two Invesco Funds, And Unrealized Currency Positions.He Also Listed A Personal Investment Worth Under $500,000 In An Ishares ETF Linked To The Price Of Bitcoin. Similar To Assets Held Through Key Square Capital, Bessent Will Divest From Cryptocurrency-Based ETFs.