Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member ...

U.S. President Joe Biden and President-elect Donald Trump have yet to start the formal transition process between ...

Out billionaire hedge fund manager Scott Bessent will be nominated by Donald Trump to be secretary of the treasury. If confirmed, he will be the first out LGBTQ+ Cabinet secretary ever nominated by a ...

Scott Bessent — the hedge-fund manager tapped to lead the Treasury Department — revealed his top priority will be extending ...

Donald Trump’s decisions continue to affect the US economy and politics, if not the World. Trump has been on a path to form a ...

The U.S. House of Representatives has passed a bill that would empower the Treasury Department to eliminate the tax-exempt ...

Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress ...

With breakneck speed, President-elect Trump has nominated nearly all the people he wants for his next administration.

Donald Trump's staff choices will ensure he faces less internal pushback on his aggressive economic policies, such as tariff ...

WASHINGTON (AP) — Donald Trump’s personnel choices for his new Cabinet and White House reflect his signature positions on ...

President-elect Donald Trump has selected television personalities, former Democrats, a wrestling executive and traditional ...