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

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for ...

Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a ...

The president-elect has selected the hedge-fund manager to lead the Treasury, elevating one of his most vocal supporters in ...

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

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity ...

President-elect Donald Trump announced his choice for a new Treasury secretary; the purported frontrunner for the job is ...

Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent ...

Bessent, if confirmed, would be the first out member of the LGBTQ+ community to lead the department. His nomination still ...

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

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