The Senate confirmed Scott Bessent as Treasury secretary despite criticism levied by Democrats for his handling of self-employment taxes.

The founder of Key Square Group had cleared the Senate Finance Committee last week in a 16-11 vote, backed by Sens. Mark Warner (D-Va.) and Maggie Hassan (D-NH) as well as every Republican on the ...

Bessent, 62, is the founder and CEO of global macro investment firm Key Square Group, which he has said he would wind down if confirmed as treasury secretary. The firm focused on macro investing ...

2011-2015 - Chief investment officer for Soros Fund Management. 2015 - Founds the hedge fund Key Square Capital Management, ...

Bessent, 62, is the founder of Connecticut-based hedge fund Key Square Group. The incoming treasury secretary appeared before the Senate Finance Committee earlier this month, which advanced his ...

The U.S. Senate voted on Monday to confirm Scott Bessent, founder of Key Square Group, as the 79th Treasury secretary. The Senate voted 68-29 to confirm the Wall Street veteran to the post.