Tuesday, September 29, 2026 300 stories · 2492 outlet reports compared

Treasury Secretary Bessent hires Wall Street economist David Zervos as adviser

Treasury Secretary Scott Bessent has hired Wall Street strategist and economist David Zervos to serve as counselor at the Treasury Department, according to multiple outlets.

By The Lumen desk · Sept 29, 2026 · 1 min read
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What we know
1 David Zervos, a Wall Street strategist and economist, has joined the Treasury Department.
2 He will serve as counselor to Treasury Secretary Scott Bessent, according to CNBC.
3 The hiring was reported by outlets across the political spectrum, including Bloomberg, Axios, CNBC, Newsmax and The Epoch Times.

Treasury Secretary Scott Bessent has brought on Wall Street economist and strategist David Zervos as an adviser at the Treasury Department, according to reports from across the political spectrum.

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CNBC reported that Zervos will serve as counselor to Bessent, adding what the outlet described as a prominent markets voice to the administration's economic policy team.

Multiple outlets across the left, center and right confirmed the hiring, though details beyond the appointment itself were limited in the supplied reporting.

How each side covered it

Left

1 outlet
  • Bloomberg reported that Bessent tapped Zervos, described as a market strategist, as a Treasury adviser.

“Bessent Taps Market Strategist Zervos as Treasury Adviser” — Bloomberg

Center

2 outlets
  • Axios reported that Wall Street strategist Zervos joins Treasury as a Bessent adviser.
  • CNBC specified that Zervos will serve as counselor to Bessent, adding a prominent markets voice to the economic policy team.

“Zervos is joining the Treasury Department as counselor to Bessent, adding a prominent markets voice to the administration's economic policy team.” — CNBC

Right

2 outlets
  • Newsmax reported Treasury hired Zervos, described as a Wall Street veteran, as a Bessent aide.
  • The Epoch Times reported that Bessent tapped a Wall Street economist for a Treasury job.

“Treasury Hires Wall Street Vet Zervos as Bessent Aide” — Newsmax

Questions readers ask

What happened with David Zervos and the Treasury Department?

Treasury Secretary Scott Bessent hired Wall Street strategist and economist David Zervos to join the Treasury Department as an adviser, according to multiple outlets.

What role will David Zervos have at the Treasury?

According to CNBC, Zervos is joining as counselor to Treasury Secretary Scott Bessent, adding a prominent markets voice to the administration's economic policy team.

Who is Scott Bessent?

Scott Bessent is the Treasury Secretary who hired David Zervos as an adviser, according to the reports.

How did coverage of this hiring differ across the political spectrum?

Left-leaning, center and right-leaning outlets all reported the basic fact of Zervos's hiring as a market strategist joining Bessent's team, with little variation in framing across the supplied sources.

Sources · 5 outlet reports

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