Five key charts for the new Treasury secretary to watch
Donald Trump on Friday said he would nominate Scott Bessent to be the 79th U.S. Treasury secretary and frontman for the president-elect's aggressive economic policies, a slate that financial markets already anticipate will add to economic growth in the near term but also rekindle inflation.
Scott Bessent May Rue the Day He Became U.S. Treasury Secretary
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, and navigating a thorny relationship with the Federal Reserve.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
‘Huge relief.’ CEOs exhale after Trump taps Scott Bessent to lead Treasury
Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures.
Donald Trump’s Interesting Pick for Treasury Secretary
In the second MAGA Administration, the hedge-fund manager Scott Bessent will have the job of acting as a voice of reason.
Donald Trump taps Scott Bessent for Treasury secretary, ending fierce battle for key job
Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a series of op-eds and media appearances over the past year.
Trump taps Scott Bessent for Treasury, capping long drama over choice
Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his nomination a 'relief' and say it could reduce the chance of severe tariffs.
Dollar edges up with Trump's search for Treasury secretary in focus
U.S. Treasury yields edged lower on Monday as traders digested a still-strong U.S. economy and the likely policies of a Trump administration.
Why Wall Street likes Trump's pick for Treasury
Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the president-elect's punishing trade agenda.
Treasuries Surge On Trump's Choice Of Bessent For Treasury Secretary
After ending last Friday's trading modestly higher, treasuries showed a more substantial move to the upside during trading on Monday.
US Treasuries Rally on Bets Bessent Will Soften Trump’s Plans
US Treasuries have added to the gains spurred by the late-Friday announcement of Scott Bessent — a Wall Street veteran who investors expect will take the sting out of the administration’s more aggressive trade and economic policy proposals — as President-elect Donald Trump’s Treasury secretary choice.
The claim: Janet Yellen resigned as treasury secretary as of Nov. 24
Janet Yellen resigned as treasury secretary as of Nov. 24 A Nov. 24 Instagram post (direct link, archive link) ...
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5 Financial Moves to Make If Trump's Treasury Pick Takes Office
Scott Bessent's potential appointment as Treasury Secretary under Trump sparks mixed reactions. Learn about the financial moves you should consider and how this choice might impact both Wall Street ...
‘Most Pro-Crypto Treasury We’ve Ever Seen’—Trump’s Historic Move Could Spark Bitcoin And Crypto Price Boom
If confirmed, Bessent could act as a catalyst for a crypto and bitcoin price boom by helping to establish a clear regulatory ...
What’s at stake for student loan borrowers during the next Trump administration
With much of President Joe Biden’s student loan agenda tied up in court, the incoming Trump administration could have a ...