Former hedge fund manager Scott Bessent is seen as a steady hand to lead the Treasury with his deep market expertise.

Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the ...

President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary.

Stocks remain higher in early afternoon activity Monday, with the Dow Jones Industrial Average on track for a record finish and the S&P 500 just below its all-time high close. President-elect Donald T ...