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

Trump has nominated Scott Bessent, a hedge fund manager, and the dollar has tanked as a result. He takes over from the ...

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

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

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

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

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

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

Scott Bessent, the veteran hedge fund manager who Donald Trump picked to become the next Treasury secretary, wants tariffs, a ...

US Treasuries have added to the gains spurred by the late-Friday announcement of Scott Bessent — a Wall Street veteran who ...

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect ...

MSCI's global equities gauge rose and U.S. government bonds rallied while the dollar fell on Monday as investors welcomed the ...