Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

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

Bessent, if confirmed, would be the first out member of the LGBTQ+ community to lead the department. His nomination still ...

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 ...

Alex Wong was named as principal deputy national security adviser, while Sebastian Gorka will serve as senior director for ...

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for ...

Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a ...

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

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity ...

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

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