Phelan is the first service secretary pick announced by the president-elect for his second term in the White House.

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

Financer John Phelan has been tapped as Donald Trump’s nominee for the next Secretary of the Navy, according to a late ...

U.S. President-elect Donald Trump on Tuesday said he was picking John Phelan, who co-founded MSD Capital, as Navy secretary.

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

A day after the claim was shared, Yellen posted to her government-verified X account about the unveiling of a portrait of ...

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