Hedge fund mogul Scott Bessent, the pro-tariff Wall Street veteran and former colleague of Democratic megadonor George Soros, will become perhaps the most prominent voice shaping the Trump economy ...

President-elect Donald Trump said he will nominate prominent investor Scott Bessent to take on the role of U.S. treasury ...

President-elect Trump's nominee to serve as Treasury secretary, Scott Bessent, has touted a "3-3-3" economic plan that would seek to reduce budget deficits while boosting growth and energy production.

Scott Bessent’s investment firm Key Square Capital saw its flagship fund score a 29% return in 2022 by betting that high rates of inflation would persist longer than what the Federal Reserve ...

President-elect Trump selected billionaire investor Scott Bessent to lead the Treasury Department on Friday as the former president continues to call for an increase in tariffs and major shifts in ...

The stock market is comfortably higher to start the short trading week after President-elect Donald Trump late Friday nominated Scott Bessent to serve as the 79th Treasury secretary of the United ...

Scott Bessent is well suited for the role and was considered the front-runner for the position after the election. However, he had to win a “knife fight” to get the position according to the ...

Bessent, an advocate for deficit reduction and deregulation, is a past supporter of Democrats who has become an enthusiastic supporter of Donald Trump. FILE - Investor Scott Bessent speaks on the ...

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