President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago ...

Trump has nominated Scott Bessent, a hedge fund manager, and the dollar has tanked as a result. He takes over from the ...

The Dow climbed and the dollar weakened early Monday following the news that President-elect Donald Trump has tapped Wall ...

Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...

While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

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

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

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect ...

The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the ...

Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...

The U.S. dollar climbed against major currencies following President-elect Trump's announcement of a 25% tariff on goods from ...