The Treasuries' rally in response to President-elect Trump's Bessent announcement late on Friday pushed yields on 10-year ...

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago ...

Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic ...

By Tom Westbrook SINGAPORE (Reuters) -Asian stocks rallied with U.S. equity futures on Monday, while the dollar retreated ...

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 longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...

Read here for a discussion of Trump's Treasury nominee's grim view of market bubbles, blames on Fed, advocates for reforms, ...

As the holiday week begins in the United States, the US dollar remained steady within a narrow range near 106.65 on Monday, reflecting a sense of anticipation and caution ...

While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...

The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the ...