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

Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member ...

Out billionaire hedge fund manager Scott Bessent will be nominated by Donald Trump to be secretary of the treasury. If confirmed, he will be the first out LGBTQ+ Cabinet secretary ever nominated by a ...

The United States is closing out the year with a lot of red ink as the national debt surpassed $36T for the first time.

Gura: You covered the Treasury Department when Steven Mnuchin was running it, and he was there, as you said, for all four years of Donald Trump's first term. If Scott Bessent is confirmed, what is ...

President-elect Donald Trump wants to eliminate the U.S. Department of Education and one of his supporters in the U.S. Senate ...

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

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

Scott Bessent is a hedge fund manager who investors believe will balance Trump's economic promises with fiscal reality as ...

Donald Trump has big plans for the economy. He also has big debt problem that’ll be a hurdle to delivering on those plans.

President-elect Donald Trump directed his top advisers to conduct an internal investigation into alleged claims of ...

A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff, ...