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

President-elect announced nominations to lead several departments and agencies as he continues to staff his next ...

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

President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire ...

Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his ...

Alex Wong was named as principal deputy national security adviser, while Sebastian Gorka will serve as senior director for ...

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

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

The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status ...

Scott Bessent, who prevailed after an intense lobbying effort by his allies, emerged over the past year as a trusted Trump ...

Russia’s third-largest bank, Gazprombank, and its subsidiaries were hit with U.S. sanctions Thursday, making it the largest ...

President-elect Donald Trump chose Scott Bessent to lead the Treasury Department late Friday evening. “I am most pleased to ...