The hedge fund investor predicted last year that President-elect Donald J. Trump’s political fortunes were on the rise.

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

If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal ...

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

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

Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the ...

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

They will have to be confirmed by the Senate before they can take on the pivotal position. Trump's 2024 ...

"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said ...