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

Former U.S. treasury secretary Larry Summers is warning that president-elect Donald Trump's proposed economic policies could ...

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

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

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

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

President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of ...

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

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

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 ...

If confirmed, Bessent will be tasked with implementing any tax cuts a Republican-controlled Congress may pursue.