The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...

The Treasuries' rally in response to President-elect Trump's Bessent announcement late on Friday pushed yields on 10-year ...

Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member ...

A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff, ...

The United States is closing out the year with a lot of red ink as the national debt surpassed $36T for the first time.

Out billionaire hedge fund manager Scott Bessent will be nominated by Donald Trump to be secretary of the treasury. If confirmed, he will be the first out LGBTQ+ Cabinet secretary ever nominated by a ...

Gura: You covered the Treasury Department when Steven Mnuchin was running it, and he was there, as you said, for all four years of Donald Trump's first term. If Scott Bessent is confirmed, what is ...

President-elect Donald J. Trump ordered the investigation by his legal team into Boris Epshteyn, a powerful figure in the ...

Yields on 10-year treasuries slipped to their lowest in nearly a month after Trump's selection of a top cabinet post allayed ...

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

Stocks rallied and yields plunged as markets cheered Scott Bessent as Trump's pick to run the Treasury. The Dow and the ...

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