US president-elect Donald Trump has nominated Scott Bessent, a hedge fund manager, to be the country's next Treasury ...

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

Donald Trump on Friday said he would nominate Scott Bessent to be the 79th U.S. Treasury secretary and frontman for the ...

Ensuring the US doesn’t default on its obligations. Extending trillions of dollars in tax cuts before they expire.

Bessent was once described as the "protege" of billionaire George Soros, who he worked for over the course of decades.

The business community expects Bessent to work closely with business leaders, as well as policymakers from both sides of the ...

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

By Nell Mackenzie, Tom Westbrook and Kevin Buckland LONDON/SINGAPORE (Reuters) - World markets cheered the selection of fund ...

U.S. Treasury yields edged lower on Monday as traders digested a still-strong U.S. economy and the likely policies of a Trump ...

Bessent, if confirmed, would be the first out member of the LGBTQ+ community to lead the department. His nomination still ...

U.S. President-elect Donald Trump floated the idea of appointing Kevin Warsh as Treasury Secretary on the understanding that ...

Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...