Markets are reacting positively to Trump's nomination of Scott Bessent for Treasury Secretary, but what could it mean ...

Bessent was once described as the "protege" of billionaire George Soros, who he worked for over the course of decades.

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for ...

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

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

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

Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent ...

President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of ...

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

Bessent, if confirmed, would be the first out member of the LGBTQ+ community to lead the department. His nomination still ...

Bessent has been a major donor to Trump, giving $1 million to the Republican candidate for his 2016 inauguration.

The president-elect has selected the hedge-fund manager to lead the Treasury, elevating one of his most vocal supporters in ...