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

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

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

The Treasury Secretary is a high-level Cabinet position charged with advising the president on matters related to financial, ...

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

From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if ...

Scott Bessent, Donald Trump's pick for Treasury Secretary, is a veteran Wall Street executive who advised Trump during his ...

President-elect Donald Trump on Friday announced hedge fund manager Scott Bessent as his choice for treasury secretary and ...

In a separate announcement, Trump said he had chosen Rep. Lori Chavez-DeRemer, an Oregon Republican, as his labor secretary.

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