The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would ...

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

President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago ...

By Tom Westbrook SINGAPORE (Reuters) -Asian stocks rallied with U.S. equity futures on Monday, while the dollar retreated ...

Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...

The dollar weakened after Donald Trump nominated hedge-fund manager Scott Bessent as Treasury Secretary, but MUFG said the currency should soon resume its recent strengthening.

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic ...

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

The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...

While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...

The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the ...

The U.S. dollar climbed against major currencies following President-elect Trump's announcement of a 25% tariff on goods from ...