Scott Bessent, President-elect Donald Trump's pick for treasury secretary, threats of Day 1 tariffs on trading partners, and ...

Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half ...

The president-elect has assembled a team of loyal experts with diverse approaches, yet he has made it clear that he alone ...

Donald Trump has surrounded himself with fellow billionaires, like Elon Musk and Howard Lutnick, as he prepares for his ...

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

Donald Trump says he will impose a 25% tariff on goods coming from Mexico and Canada, plus an extra 10% on Chinese goods.

Major US stock market indexes seem to send some mixed signals as the Dow Jones, maintains a clearer upward movement, Nasdaq ...

The president-elect’s market-friendly appointments to Treasury and other agencies brought relief to investors. The trade ...

The Australian sharemarket bounced back on Wednesday to near record highs as the US Federal Reserve hinted at further rate ...

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

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a ...