The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. Needed for confirmation Needed for confirmation Mr. Bessent, who formerly ...

The Senate confirmed on Monday Scott Bessent, a Wall Street veteran and campaign ally of President Donald Trump, as treasury secretary, one of the highest-profile cabinet posts. Bessent won ...

Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -- which is already triggering global jitters.

Wall Street investor Scott Bessent was confirmed as the next Treasury secretary by the Senate on Monday. Bessent is a wealthy hedge fund manager who's seen as a business-friendly choice. He was confirmed by a vote of 68 to 29, signaling a degree of ...

Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration, favoring preferred shares.

Bessent is a former protégé of George Soros, the billionaire investor and Democratic mega donor. After Trump won the election in November, Bessent won an unusually public – and messy ...

The U.S. Senate confirmed Scott Bessent Monday to serve as President Donald Trump’s Treasury secretary, making the longtime hedge fund manager the point person for the new administration on a ...

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.

The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S. Treasury Secretary.

The Senate on Monday confirmed billionaire hedge fund manager and investor Scott Bessent as President Trump’s Treasury secretary, making him the highest-ranking LGBTQ official in the nation’s ...

WASHINGTON — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting ...