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Trump, Treasury and Scott Bessent
Dollar, US Yields Fall on Bets Bessent Will Dilute Trump Plans
The dollar fell and US government bonds rallied after Donald Trump picked Scott Bessent to run the Treasury, a Wall Street veteran who investors expect will take the sting out of the administration’s more aggressive trade and economic policy proposals.
Dollar dips with Treasury yields after Bessent pick
The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would reassure the bond market and pulled yields lower, shaving some of the dollar's rate advantage.
Treasury Yields Drop As Markets React To Trump’s Pick Of Scott Bessent For Treasury Secretary
U.S. Treasury yields dropped Monday as markets reacted to President-elect Donald Trump's selection of Scott Bessent as Treasury secretary and anticipated key inflation data later this week. Bessent is the founder of Key Square Group and is expected to support Trump's economic goals with gradual tariffs and pro-business policies while prioritizing market stability.
12h
on MSN
Dow hits all-time closing high as Trump’s Treasury pick Scott Bessent promises to slash taxes, spending
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
17h
The Bessent Bounce — Markets Cheer Trump’s Treasury Pick
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic ...
2d
on MSN
Treasury pick Scott Bessent scored billion-dollar wins with these bets on Wall Street
While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...
14h
What Bessent’s Pro-Growth Agenda Means for Treasury Yields, Gold, Stocks, and the Dollar
Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...
1d
Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the ...
13h
Dollar slips with bond yields on Treasury nomination
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
3h
Dollar climbs, stocks retreat after Trump vows tariffs
The dollar rallied sharply on Tuesday after U.S. President-elect Donald Trump pledged tariffs on all imports from Canada and ...
devdiscourse
7h
Trump's Tariffs Drive Dollar Surge
The U.S. dollar climbed against major currencies following President-elect Trump's announcement of a 25% tariff on goods from ...
AFP on MSN
5h
Most Asian markets drop, dollar gains as Trump fires tariff warning
Asian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico ...
1d
on MSN
Trump’s Treasury Selection Seen as Calming for Investors
Donald Trump has picked Scott Bessent to serve as Treasury secretary. President-elect Donald Trump’s choice of Scott Bessent ...
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