Hedge fund chief and tariff fan Scott Bessent to lead Treasury under Trump
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 of the Economic Club of New York and an advocate for one of Trump’s major campaign promises — tariffs.
Billionaire hedge fund manager and SC native Scott Bessent has been nominated by incoming president Donald Trump to lead the ...
The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status ...
The Treasury Department announced on Tuesday it has sanctioned members of the notorious Cartel Jalisco Nueva Generacion in ...
The United States is closing out the year with a lot of red ink as the national debt surpassed $36T for the first time.
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What the Dip in Treasury Yields Says About Trump's Tariff PlansYields on 10-year treasuries slipped to their lowest in nearly a month after Trump's selection of a top cabinet post allayed ...
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at ...
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
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