From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if contradictory Wall Street experience.
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
Wall Street executive Howard Lutnick, North Dakota Gov. Doug Burgum, money manager Scott Bessent, entrepreneur Jared Isaacman, real estate tycoon Steven Witkoff and investment banker Warren Stephens.
President-elect Trump meets with Scott Turner, his nominee to lead HUD ... Still, nothing is assured. After Bessent spent a year restoring the 1939 Miami villa with a loggia and clay tile roof ...
The Senate confirmed on Monday Scott Bessent ... by the "knife fight" jockeying between Bessent and Cantor Fitzgerald chief executive Howard Lutnick over the position, The New York Times reported ...
In a hearing before the Senate Commerce Committee, Howard Lutnick was asked about an array of policy matters including tariffs, China, inflation, and more.
President Donald Trump's second White House is looking a lot like the inside of Mar-a-Lago, with extremely wealthy Americans taking key roles in his Republican administration.
Mr Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of the president.
Explore Scott Bessent's confirmation as U.S. Treasury Secretary and his plans for tax cuts, economic growth, and fiscal policy.
The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon Valley worried about what comes next.
A slate of President Trump’s Cabinet nominees have appeared before senators in recent days for key hearings on their road to confirmation. Sen. Marco Rubio (R-Fla.) was the first to be confirmed,