The hedge fund investor predicted last year that President-elect Donald J. Trump’s political fortunes were on the rise.

Markets looked favorably Monday morning on President-elect Donald Trump's presumptive nominee for Treasury secretary, as ...

The nominee reassures financial markets, for now, but there are many pitfalls ahead.

If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal ...

Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the ...

Bessent's nomination as Treasury Secretary has garnered attention due to his history with businessman George Soros.

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

Bessent was once described as the "protege" of billionaire George Soros, who he worked for over the course of decades.

Bessent has been a major donor to Trump, giving $1 million to the Republican candidate for his 2016 inauguration.

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

From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if ...

President-elect Donald Trump has selected investor Scott Bessent as his nominee for Treasury secretary, putting forth a ...