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

"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said ...

Billionaire hedge fund manager and SC native Scott Bessent has been nominated by incoming president Donald Trump to lead the ...

If confirmed, Bessent will be tasked with implementing any tax cuts a Republican-controlled Congress may pursue.

President-elect announced nominations to lead several departments and agencies as he continues to staff his next ...

President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to ...

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

Get the latest news on the transition to the new administration of President-elect Donald Trump and a new Congress.

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

The treasury secretary is a high-level Cabinet position charged with advising the president on matters related to financial, economic and tax policy.

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 ...