Treasury Secretary Scott Bessent hires David Zervos, a longtime Wall Street market strategist, as a counselor to the Treasury. CNBC reports that Zervos is joining Bessent’s economic policy team as he brings a prominent markets perspective. The appointment is described as starting immediately by one outlet.
Multiple outlets characterize Zervos as a veteran market and policy analyst at investment bank Jefferies, where he has held senior roles. Mint (India) identifies him as chief market strategist for Jefferies since 2010 and says his move follows several staff departures at the Treasury, framing the hire as an addition of experienced personnel. Bloomberg (Politics) similarly says Bessent appoints Zervos as an adviser, but notes the role is not clearly specified, differing in emphasis from the other accounts.
