President-elect Donald Trump chose Scott Bessent to lead the Treasury Department late Friday evening. “I am most pleased to ...

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a ...

After a messy, public competition between hopefuls, President-elect Donald Trump nominated hedge fund manager Scott Bessent ...

Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his ...

Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent ...

Shares climbed in Asia on Monday, tracking last week’s gains on Wall Street, and analysts said investors were viewing ...

The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...

President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of ...

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic ...

Alex Wong was named as principal deputy national security adviser, while Sebastian Gorka will serve as senior director for ...

Wall Street veteran Howard Lutnick, another contender, was appointed as head of the Commerce Department ... Hank Paulson and Steven Mnuchin. As Treasury secretary, Mr Bessent will essentially ...