Finance

Treasury Pick Queried on Iran War Fallout to Face Senate Finance

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The Senate Finance Committee is set to hear from a panel of Treasury nominees that includes a pick Democrats said was unaware of economic fallout planning ahead of the Iran war and a former executive at Secretary Scott Bessent’s hedge fund.

The July 16 confirmation includes George McMaster, who was the trading chief at Key Square Group, a macro hedge fund run by Bessent, and Sriprakash Kothari, whose behind-the-scenes answers to the panel during the vetting process raised red flags for ranking member Ron Wyden (D-Ore.).

Finance Chair Mike Crapo (R-Idaho) announced Thursday the panel will consider McMaster and Kothari …

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