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

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect ...

Bessent's financial-market credibility could help the administration sell investors on the idea of more tariffs - even if those costs get passed along, said Stephen Myrow, managing partner of Beacon ...

By Alden Bentley, Medha Singh and Wayne Cole NEW YORK (Reuters) - The dollar backpedaled from two-year highs on Monday, while U.S. Treasury markets ...

The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...

Stocks closed higher on Wall Street, sending the Dow Jones Industrial Average to another all-time high. The Dow added 1% ...

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 ...

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

"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 ...