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Scott Bessent May Rue the Day He Became U.S. Treasury Secretary
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...
Trump’s Treasury pick and former Soros money manager Scott Bessent’s hedge fund reaped windfall during 2022 downturn
President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago ...
Dollar’s Dip After Bessent Appointment is Likely Temporary
The dollar weakened after Donald Trump nominated hedge-fund manager Scott Bessent as Treasury Secretary, but MUFG said the currency should soon resume its recent strengthening.
The Bessent Bounce — Markets Cheer Trump’s Treasury Pick
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic ...
Dow hits all-time closing high as Trump’s Treasury pick Scott Bessent promises to slash taxes, spending
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
Scott Bessent’s Job: What the Billionaire Does for a Living
Bessent is married to his husband, John Freeman. Freeman is a former New York City prosecutor. Bessent and his husband, ...
Scott Bessent Warns About The Bubble And Threatens The Fed's Independence
Read here for a discussion of Trump's Treasury nominee's grim view of market bubbles, blames on Fed, advocates for reforms, ...
Scott Bessent, Donald Trump's US Treasury Pick, Fuels Global Relief Rally Vs Dollar
The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the ...
EUR/USD gains as US Dollar declines, US PCE inflation in focus
ECB’s Centeno warned about the risk of price pressures remaining below the bank’s target.