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President-elect Donald Trump namedhedge fund mogul Scott Bessentas the next Treasury secretary on Friday, ending a rough-and-tumble race that saw fierce jockeying among power players across Wall Street.

I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States, Trump wrote in his announcement, posted on Truth Social.

Scott is widely respected as one of the World’s foremost International Investors and Geopolitical and Economic Strategists, the president-elect said of this Treasury pick.

Bessent “got the thumbs up” late Thursday during a meeting with Trump, 78, at his Mar-a-Lago resort in Palm Beach, Fla., one source close to the situation told The Post.

A flurry of last-minute media reports had floated several candidates for the job. Late Thursday, the Wall Street Journal reported that financier Kevin Warsh had met with Trump on Wednesday about the Treasury post — and possibly replacing Jerome Powell as Fed chairman when his term expires in 2026.

Trump also met about the Treasury role with Marc Rowan, the billionaire boss of buyout firm Apollo Global Management, at Mar-a-Lago earlier this week.

Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elects pro-tariff stance in a series of op-eds and media appearances over the past year.

Scott’s story is that of the American Dream, Trump said Friday, noting that Bessent has long been a strong advocate of the America First Agenda.

On the eve of our Great Country’s 250th Anniversary, he will help me usher in a new Golden Age for the United States, as we fortify our position as the World’s leading Economy, Center of Innovation and Entrepreneurialism, Destination for Capital, while always, and without question, maintaining the U.S. Dollar as the Reserve Currency of the World, he added.

Unlike in past Administrations, we will ensure that no Americans will be left behind in the next and Greatest Economic Boom, and Scott will lead that effort for me, and the Great People of the United States of America.

A source close to the Trump transition team told the Post earlier on Friday that the hedge fund executive was “being vetted” for the role ahead of a formal announcement.

“If you want to bring a genius into that job who is loyal to the president, Scott is the right guy,” one source close to the situation said.

One faction of Trump World had been pushing for Bessent for weeks, trying to outmaneuver Howard Lutnick — the CEO of Cantor Fitzgerald and co-chair of Trump’s transition team — in what had reportedly escalated into a bitter “knife fight” for the coveted role.

One insider, speaking on condition of anonymity, said Lutnick, a fundraiser for Hillary Clinton during the 2016 election, was eventually handed the post of Commerce Secretary “to calm things down.”

After Lutnick exited the Treasury race, sources said Trump continued to do interviews to hash out his options. Bessent and Rowan were both spotted at Mar-a-Lago on Wednesday.

“All the top investors and hedge funds said Scott Bessent is their number one pick because of his understanding of macroeconomics,” said one veteran Wall Street insider.

A source briefed on Rowan’s interview, meanwhile, said the 62-year-old was “an anti-tariff guy and that was a non-starter for the president.”

Another staunch Trump loyalist and major donor, billionaire hedge fund boss John Paulson, ruled himself out of an administration post just one week after the Nov. 5 election.

A native of South Carolina, Bessent previously served as chief investment officer for George Soros and was instrumental in the Hungarian-born money man’s “Black Wednesday” trade in 1992.

The bet against the British pound “broke the Bank of England”, raking in an eye-watering $1 billion payday for Soros that cemented his reputation as a titan of global finance.

Writing in the Wall Street Journal earlier this month, Bessent said Trump’s second presidential term would usher in “a revitalized economy for all Americans.”

Bessent also lashed out at the Biden-Harris administration for presiding over four years of “reckless spending” that has seen Uncle Sam’s debt pile hit an eye-watering $35 trillion this year.

“The Biden administrations mismanagement has created serious challenges that Mr. Trump will need to overcome,” Bessent stated in the Nov. 10 op-ed, adding that Trump “has a mandate to re-privatize the US economy through deregulation and tax reform to spur the supply-side growth that he delivered in his first term.”

Large parts of Trump’s 2017 tax cuts expire next year, giving Bessent the chance to help shape fiscal policy under the incoming commander-in-chief.

My Administration will restore Freedom, Strength, Resilience, and Efficiency to our Capital Markets, Trumps announcement continued. We will reinvigorate the Private Sector, and help curb the unsustainable path of Federal Debt.

As a lifelong Champion of Main Street America and American Industry, Scott will support my Policies that will drive U.S. Competitiveness, and stop unfair Trade imbalances, work to create an Economy that places Growth at the forefront, especially through our coming World Energy Dominance, he added. Together, we will Make America Rich Again, Prosperous Again, Affordable Again, and, most importantly, Great Again!

The president-elect has already tapped Tesla titan Elon Musk and biotech entrepreneur Vivek Ramaswamy to lead a new Department of Government Efficiency and tighten up the federal government’s purse strings.

Diana Glebova contributed reporting.

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Entertainment

From niche to a billion pound industry: How immersive events have taken over

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From niche to a billion pound industry: How immersive events have taken over

While cinemas are struggling and London’s West End has witnessed a significant escalation in ticket prices, creatives behind immersive experiences say their sector is experiencing “a gold rush moment”.

From shows built around obvious fan bases – such as Mamma Mia! The Party – to those working with established intellectual property, including Squid Game: The Experience, the UK has proven to be a world leader when it comes shows that make audiences feel part of the action, rather than just observers.

Little Lion Entertainment are the team behind two shows currently running in the UK: Pac-Man Live in Manchester and the Crystal Maze Live in London.

Its CEO Tom Lionetti told Sky News: “There has been a real boom in the experience economy… It kind of feels like a bit of a gold rush moment in this industry.

“It’s not nascent anymore, it really is a big industry and it’s getting bigger.

“West End theatre is incredibly expensive at the moment and even cinema can be expensive for what it is, so I think it’s about caring about the experience … you’ve got to consider value for money these days.”

Their Crystal Maze show challenges ticketholders to climb through tunnels and collect crystals just like contestants on the ’90s programme.

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The Crystal Maze Live experience
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Fans at the Crystal Maze experience have the chance to take on the gameshow’s final round

And it’s one of the longest-running immersive shows in the world, still going strong in London 15 years after the concept was first staged.

“The genesis really was this idea of breaking the fourth wall,” Lionetti says. “I was an actor and I come from a theatre background, but what we were really intrigued with was giving people agency so you become the star of the show.”

Last year, according to the Gensler Research Institute’s 2025 Immersive Entertainment & Culture Industry Report, the global market for immersive entertainment was valued at £98bn – and it’s projected to reach £351bn by 2030.

Despite times being financially tough post-pandemic, while cinemas have been struggling to put bums on seats, the continued popularity of experience events could indicate consumers are being a little more choosy about what they spend their hard-earned wages on.

The Crystal Maze Live experience
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Participants get the full experience – minus the hit show’s host

Our eagerness to show off on social media could also account for some of what’s driving the boom, as well as the isolating nature of how technology-dependant we’ve become.

As Secret Cinema’s senior creative director, Matt Costain, explains: “Whether it’s competitive socialising or immersive experiences, people are look for something that offers them more… and this is an example of an activity where people can come together and have a sense of community.”

Secret Cinema – which combines live performance and film screenings – has been staging events for 15 years now.

In that time, they’ve partnered with major studios from Marvel to Netflix. Their latest offering will run from August see them bring Grease’s Rydell High to life.

An artist's impression of what the Grease immersive experience will look like
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Secret Cinema is recreating locations from the classic film


An artist's impression of what the Grease immersive experience will look like

Costain says: “When we first started this was niche, film fans who wanted to dress up and keep a secret… but immersive has moved mainstream and we’ve found ourselves one of two or three companies who’ve been in it since the beginning.

“Part of our job as artists is to help people remember that they really love to play.”

Initial Casting for Grease The Immersive Movie Musical features Stephanie Costi as Sandy, Liam Buckland as Kenickie, Lucy Penrose as Rizzo
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Grease: The Immersive Movie Musical will feature Stephanie Costi as Sandy, Liam Buckland as Kenickie and Lucy Penrose as Rizzo

He jokes that those “who find it the most difficult to get started” are invariably the ones “at 11pm with their tie tied around their head and dancing on a table”.

While there are many shows working with established intellectual property (IP), there are also some hugely creative original works also being produced – Storehouse being one of those.

For 16 weeks, attendees at Staged in Deptford, which was once the archival store for Rupert Murdoch’s News International, will be guided through a story that takes place inside a ‘digital memory palace’ that supposedly houses every story, message, memory, and meme since the dawn of the internet.

Chris Agha in Storehouse. Pic: Helen Murray
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Chris Agha in Storehouse. Pic: Helen Murray

Produced by Sage & Jester, its lead producer Rosalyn Newbery explains: “You’re not moving into a theatre with infrastructure, put it this way, we literally had to bring electricity to the venue, bring power to the venue, bring water to the venue, none of that was there for us… it’s a big old job and there’s a lot of detail that you can’t take for granted.”

Over 7,000 crew worked more than 57,000 hours to build the set.

Storehouse at Staged in Deptford. Pic: Helen Murray
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Storehouse at Staged in Deptford. Pic: Helen Murray

Getting a show of this size and scale off the ground is a feat in itself. As creative director Sophie Larsmon says: “There are a lot of people trying to get these projects off the ground and there are a lot of projects that never see the light of day…because of the hoops that have to be jumped through for licensing and financing.

“It takes huge amounts of creative effort, I’ve seen a lot of projects where quite late in the process the green light is taken away.”

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While some creators might struggle to access support because the work doesn’t fit into traditional cultural boxes, it is certainly an industry that’s worth shining a spotlight on.

As Larsom says: “The UK has always led the way in developing this form… I think people are cottoning on to the fact that this is a sector [that’s] going to be a big revenue earner for the UK.”

The Crystal Maze LIVE Experience is on in London’s West End, near Piccadilly Circus.

Grease: The Immersive Movie Musical is at Battersea Park from 1 August to 7 September.

Storehouse runs at Depford Storehouse until 20 September.

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Sports

Misiorowski perfect into 7th, sets rookie record

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Misiorowski perfect into 7th, sets rookie record

MINNEAPOLIS — Jacob Misiorowski of the Milwaukee Brewers lost his bid for a perfect game in the seventh inning of a 17-6 win against the Minnesota Twins on Friday night.

After issuing a walk to Byron Buxton, Matt Wallner lofted a home run to the flower bed just past the right-field wall, ending Misiorowski’s run of hitless innings to start his big league career at 11, the first starter to do that since 1900.

“I think this is exactly how I ever dreamed of it coming along,” the 23-year-old rookie said. “It’s exciting.”

He threw five no-hit innings against St. Louis on June 12, but left in the sixth with cramping in his right calf and quadriceps.

“I felt calmer and ready to go compared to the first one,” Misiorowski said. “Nerves were going pretty heavy on the first one, so it’s good to finally feel the feet under you.”

The 6-foot-7 right-hander struck out six with a fastball topping out at 102.1 mph and a slider and changeup in the mid-90s.

“It’s important to prove to yourself as a young player that you belong in the big leagues and taste success and realize that you do belong here,” said Christian Yelich, who had a career-high eight RBIs. “He should believe he’s a really good major league pitcher because he is. All the nights probably aren’t going to go as smooth as the first two, but you see the ability.

“He’s got a chance to something special every night he goes out there.”

Misiorowski is the only big leaguer since 1900 to have more wins (2) than hits allowed (1) in his first two career starts, according to OptaSTATS.

“He was attacking, but mixing, too,” manager Pat Murphy said. “It wasn’t just heaters.”

After seeing four straight pitches of at least 100.8 mph from Misiorowski, Willi Castro twisted like a corkscrew and dropped to the ground as he struck out on a 95.5 mph slider in the first inning.

“You don’t see a guy throwing a slider 95, 96,” Castro said. “It’s really hard to pick up.”

Misiorowski threw 29 pitches of 100 mph or higher and had 12 of 101 mph or more. Since tracking started in 2008, the only starting pitchers to throw more in a game at 101 mph and above are Hunter Greene (33 on Sept. 17, 2022; 21 on March 30, 2023; 18 on July 26, 2022; and 13 on April 16, 2022) and Jordan Hicks (on July 12, 2022), according to Major League Baseball.

After the homer by Wallner, Misiorowski was pulled for reliever Nick Mears and left to a standing ovation. He threw 86 pitches, 60 for strikes, and departed with Milwaukee leading 8-2.

The Brewers scored five runs in the top of the seventh, a long time for starter to sit in the dugout, but Misiorowski was adamant about going back to the mound.

“He said, ‘Yes I’m getting toward the end, but I want to challenge myself,'” Murphy said. “It was a good time to have him do that.”

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Suarez, managers suspended for Padres-L.A. feud

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Suarez, managers suspended for Padres-L.A. feud

LOS ANGELES — San Diego Padres closer Robert Suarez was suspended for three games and fined an undisclosed amount Friday for intentionally hitting Shohei Ohtani of the Los Angeles Dodgers with a pitch during the NL West rivals’ contentious meeting Thursday night.

Suarez will appeal the suspension, keeping him eligible to play for San Diego on Friday night against Kansas City. He did not pitch in the Padres’ 6-5 loss.

Padres manager Mike Shildt and Dodgers manager Dave Roberts also received one-game suspensions and undisclosed fines for their roles in the brouhaha that occurred in both halves of the ninth inning during the Padres’ 5-3 victory at Dodger Stadium.

“I support it,” Roberts said about the league’s disciplinary decision. “I think that obviously I never want to make the game about the managers. It shouldn’t be. It should be about the players and winning, so last night, both managers are protecting their teams, and it just unfortunately got to the point that we became the focus, and that’s not the way it should be.”

Both managers were ejected in the top of the ninth after they ran onto the field and bumped into each other during a vociferous argument that almost got even more physical before their players and assistant coaches intervened.

Shildt believed Dodgers reliever Jack Little intentionally hit Fernando Tatís Jr. in the right hand with a pitch, igniting the latest bench-clearing incident between local rivals with several years of bad-tempered history.

“Circumstances were really challenging this past series, and at the end of the day I don’t regret standing up for a guy that I love in Tati, and a team that I love and a city that I love,” Shildt said. “In that regard, I have no regrets how it got to that point. Again, we can all have our comments and thoughts and theories. But as far as my actions, it’s not something you want to do every night or needs to be done, hopefully ever again. But appropriate actions for the circumstances were taken, and I don’t regret it at all.”

Shildt and Roberts served their suspensions Friday. Bench coach Danny Lehmann managed the Dodgers in their 6-5 win over the Washington Nationals, and Padres bench coach Brian Esposito was in San Diego’s dugout vs. the Royals.

In the bottom of the ninth, Ohtani was hit on the back of his right shoulder by Suarez’s pitch, putting the tying run on base during the Dodgers’ three-run rally. Ohtani’s teammates appeared to be preparing to storm the field for the second time before Ohtani waved them back. The three-time MVP then walked to the Padres’ dugout for some light banter, defusing the tension.

Suarez on Friday insisted he hadn’t retaliated for Tatís.

“I was never trying to get anyone into trouble or hit anybody,” Suarez said through an interpreter. “Unfortunately it happened. I got ejected and I couldn’t finish out the game, but we won as a team, and we were able to salvage that game. … [The Dodgers are] entitled to their opinion. They can say whatever they want. That was not the case. I was out there to try to save the game.”

Ohtani threw a bullpen session as scheduled Friday despite getting hit by Suarez on his pitching shoulder. Ohtani’s second mound start for the Dodgers is still expected to happen Sunday, Roberts said.

Tatís was in the Padres’ lineup as usual Friday. Manny Machado said afterward that the Dodgers should “pray” Tatís had escaped serious injury, encouraging them to “put out a candle.”

Information from The Associated Press was used in this report.

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