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

With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury Secretary pick who is deeply aware of ...

Stocks rallied and yields plunged as markets cheered Scott Bessent as Trump's pick to run the Treasury. The Dow and the ...

Trump's Cabinet and White House choices reflect his signature positions on immigration and trade, but also a range of ...

Wall Street analysts believe Bessent will encourage Trump to roll back his aggressive plans for imposing tariffs on imported ...

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

Republican lawmakers are calling on President Joe Biden’s administration to preserve documents related to the proposed sale ...

Matt Gaetz has withdrawn from consideration as attorney general and was replaced by Pam Bondi, as Trump plans to make RFK Jr.

Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member ...

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

President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary.