He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...
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'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 ...
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Gay MSNBC host admits Trump’s Treasury pick has him ‘conflicted’
MSNBC anchor Jonathan Capehart admitted he felt “conflicted” over one of President-elect Donald Trump’s latest Cabinet picks. Trump’s nominee to lead the Treasury Department is hedge fund […] ...
Dow hits all-time closing high as Trump’s Treasury pick Scott Bessent promises to slash taxes, spending
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
Wall Street eyes M&A revival if new Trump administration ushers in lower rates, looser scrutiny
Wall Street is betting corporate dealmaking could bounce back next year if the new Trump administration ushers in lower ...
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Asian markets mixed after subdued pre-holiday shift on Wall St
Asian markets diverged Thursday as investors brushed off a negative lead from Wall Street while welcoming a drop in Treasury ...
Wall Street wavers as Big Tech stocks fall
Stocks wavered in morning trading on Wednesday, as losses for several Big Tech companies offset gains elsewhere in the market ...