The U.S. has an unusually high amount of borrowing to do next year, and it can no longer count on price-insensitive buyers.

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

NEW YORK: The dollar recoiled from two-year highs on Monday, tracking a sharp decline in US Treasury yields amid trust that ...

The nominee reassures financial markets, for now, but there are many pitfalls ahead.

With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of ...

The US dollar retreated on Monday (Nov 25) after a stellar run as the pick for US Treasury secretary seemed to reassure the ...

A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...

President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary.

Scott Bessent, a billionaire hedge fund manager who has helped fundraise for Donald Trump, is the president-elect's choice to ...

President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his ...

President-elect Donald Trump has offered the Treasury secretary position to billionaire Scott Bessent, according to two ...