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Bessent, Treasury
Dollar dips with Treasury yields after Bessent pick
The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would reassure the bond market and pulled yields lower, shaving some of the dollar's rate advantage.
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 agenda.
Trump’s Tariff Threats Propel Dollar
Equity Markets Retreat, Dollar Gains As Trump Fires Tariff Warning
Stock markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.
Trump’s Tariff Threats Propel Dollar as Traders Brace for Swings
The dollar advanced after President-elect Donald Trump vowed additional tariffs on Mexico, Canada and China, upending recent macro bets on more measured economic plans from the next administration.
Dollar rebounds on Trump tariff warning; stocks point lower
The dollar rose against major peers on Tuesday after U.S. President-elect Donald Trump threatened Canada and Mexico with a 25% tariff on all imports into the United States. Stocks were weak after strong gains globally in the previous session following fund manager Scott Bessent being nominated as Treasury Secretary,
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9h
Scott Bessent May Rue the Day He Became US Treasury Secretary
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...
5h
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, ...
1d
What Bessent’s Pro-Growth Agenda Means for Treasury Yields, Gold, Stocks, and the Dollar
Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...
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