Asian equities had a strong day as they cheered President Trump’s choice of Scott Bessent as Treasury Secretary. Meanwhile, volumes were high due to today’s MSCI index rebalance.

Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that ...

President-elect Trump's nominee to serve as Treasury secretary, Scott Bessent, has a 3-3-3 plan that aims to curb budget ...

Donald Trump has nominated hedge fund manager Scott Bessent as Treasury secretary, dealing a blow to protectionist forces in ...

Wall Street rewards those who are very good at doing risky jobs. This parlour game also elucidates one of the most important ...

Give Donald Trump credit for this: he can turn practically anything into a reality show, including picking a Treasury Secretary ... the U.S. still enjoys the great advantage that its currency ...

great again.” If approved by the Senate, Bessent, who resides mostly in Charleston, South Carolina, with his husband and two sons, would become the first openly gay Secretary of the Treasury.

great again.” Learn more about Bessent and his personal life below. The nomination of investor Scott Bessent as US treasury secretary is seen as a relief to Wall Street. His understanding of ...

In a statement, Trump said, "I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the ... On the eve of our Great Country's 250th Anniversary, he will ...

The imposition of a universal tariff on all products coming into the US would turn the world’s leading power into a real-time ...