The Senate confirmed on Monday Scott Bessent, a Wall Street veteran and campaign ally of President Donald Trump, as treasury secretary, one of the highest-profile cabinet posts. Bessent won ...
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -- which is already triggering global jitters.
Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee. The treasury secretary ...
Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration, favoring preferred shares.
Bessent is a former protégé of George Soros, the billionaire investor and Democratic mega donor. After Trump won the election in November, Bessent won an unusually public – and messy ...
The U.S. Senate confirmed Scott Bessent Monday to serve as President Donald Trump’s Treasury secretary, making the longtime hedge fund manager the point person for the new administration on a ...
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
Washington (CNN) — The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump ...
The 62-year-old spent more than three decades in investment banking before becoming an economic adviser for the Trump 2024 campaign.
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.
The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S. Treasury Secretary.