Wall Street likes Trump's pick for Treasury

Trump Taps Wall Street Vet Scott Bessent to Run the Treasury Department
President-elect Donald Trump chose Scott Bessent to lead the Treasury Department late Friday evening. “I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States,
Wall Street Sees Gains Following Trump's Pick of Bessent for Treasury
U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.
To Wall Street, Trump’s Pick to Run Treasury Needs No Introduction
After a messy, public competition between hopefuls, President-elect Donald Trump nominated hedge fund manager Scott Bessent to be the next Treasury secretary. On today’s Big Take DC podcast, hosts Saleha Mohsin and David Gura discuss why Trump chose Bessent,
Jim Cramer examines Wall Street's reaction to Trump Treasury secretary pick
CNBC’s Jim Cramer said investors demonstrated a belief that hedge fund manager Scott Bessent will be a prudent force as Donald Trump’s Treasury secretary .
Stock Futures Jump After Trump Picks Wall Street Ally Bessent for Treasury Secretary
Stock futures were pointing to further gains on Monday, with the market cheered by President-elect Donald Trump choosing Wall Street veteran Scott Bessent to head up the Treasury Department. Futures t
Dow Jumps 400 Points As Wall Street Embraces Trump’s Treasury Pick Scott Bessent
Investors are “appreciative” of Trump’s nomination of the “business-as-usual” Bessent as Treasury secretary, remarked one strategist.
Trump's pick for Treasury secretary shows there's a limit to Elon Musk's influence
Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent instead.
Trump names billionaire Scott Bessent as Treasury secretary pick
President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.
Why Wall Street likes Trump's pick for Treasury
Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the president-elect's punishing trade agenda.
Donald Trump’s Interesting Pick for Treasury Secretary
In the second MAGA Administration, the hedge-fund manager Scott Bessent will have the job of acting as a voice of reason.
Wall Street cheers Trump's Treasury pick — a corporate tax cut proponent
With the stock market surging Monday morning after U.S. President-elect Donald Trump's nomination of hedge fund manager Scott Bessent to be treasury secretary, some Wall Street executives said they were celebrating a "reasonable" pick who would moderate some of Trump's most extreme proposals.
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Stock market today: Wall Street hangs around its records in mixed trading
U.S. stocks are hanging around their records as Wall Street takes Donald Trump’s latest talk about tariffs in stride, even if they could roil the global economy were they to take effect ...
Stock market today: Wall Street rises near records as Treasury yields ease
In the stock market, Bath & Body Works jumped 15.6% after delivering stronger profit for the latest quarter than analysts ...
Donald Trump taps Scott Bessent for Treasury secretary, ending fierce battle for key job
Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a ...
Trump taps Scott Bessent for Treasury, capping long drama over choice
Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his ...
Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will ...