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

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

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

Howard Lutnick or Marc Rowan could oversee banks, money printing, and tax collection, along with making recommendations on ...

They will have to be confirmed by the Senate before they can take on the pivotal position. Trump's 2024 ...

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

Donald Trump picks Scott Bessent, a former money manager for Democratic donor George Soros, as Treasury secretary. He also ...

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

The hedge fund investor predicted last year that President-elect Donald J. Trump’s political fortunes were on the rise.

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

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