When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a ...

Investors are “appreciative” of Trump’s nomination of the “business-as-usual” Bessent as Treasury secretary, remarked one ...

Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the ...

U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.

Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.

Wall Street's main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott ...

CNBC’s Jim Cramer said investors demonstrated a belief that hedge fund manager Scott Bessent will be a prudent force as ...

The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will ...

Hedge fund veteran and Wall Street-approved suit Scott Bessent is likely the new Treasury secretary. That’s why this 11% ...

Wall Street's main indexes climbed on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott ...

Bessent (pictured), who campaigned for Trump's election and was a donor to his campaign, has expertise on making the right ...

The nominee reassures financial markets, for now, but there are many pitfalls ahead.