Scott Bessent was a protege of Jewish billionaire George Soros, who is at the center of many antisemitic conspiracy theories.
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 ...
After showing a strong move to the upside early in the session, stocks gave back some ground over the course of the trading day on ...
Stocks rallied and yields plunged as markets cheered Scott Bessent as Trump's pick to run the Treasury. The Dow and the ...
The Dow Jones Industrial Average logged a record close on Monday, as U.S. Treasury bonds saw their biggest rally in nearly four months after President-elect Donald Trump selected Scott Bessent as his ...
In the stock market, Bath & Body Works jumped 19.1% after delivering stronger profit for the latest quarter than analysts ...
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
Now, thanks to a mix of sound strategy or good luck, Tether has a key ally in the highest corridors of power: Howard Lutnick, ...
The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at ...