The Dow climbed and the dollar weakened early Monday following the news that President-elect Donald Trump has tapped Wall ...

Markets viewed Scott Bessent's appointment as Treasury Secretary positively.

The Treasury secretary does not decide which tariffs are implemented, but his voice will be important. Trump has proposed ...

The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at ...

US Treasuries have added to the gains spurred by the late-Friday announcement of Scott Bessent — a Wall Street veteran who ...

The FTSE 100 and US markets were higher on Monday, as traders digest president-elect Donald Trump's pick of Scott Bessent for ...

Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...

Bessent, who runs macro hedge fund Key Square Group, has called for a gradual approach to implementing trade restrictions and ...

Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...

The Dow Jones Industrial Average jumped nearly 400 points on Monday after President-elect Donald Trump’s pick for Treasury ...

"While Bessent is viewed as a steady hand, it's important to remember that a driving force behind Trump's pick for the top economic post was his deep displeasure with former Treasury Secretary Steven ...

Trump has vowed to impose massive new tariffs, eyeing a duty of 10% to 20% on all foreign goods and 60% or higher on goods ...