President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary.

Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the ...

Markets are reacting positively to Trump's nomination of Scott Bessent for Treasury Secretary, but what could it mean ...

The S&P 500 Index ($SPX) (SPY) today is up +0.40%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.87%, and the Nasdaq ...

Donald Trump’s selection of hedge-fund manager Scott Bessent to serve as Treasury secretary triggered a sigh of relief across ...

Trump has vowed to impose massive new tariffs, eyeing a duty of 10% to 20% on all foreign goods and 60% or higher on goods ...

A 2017 hedge fund presentation shows how Scott Bessent might go about forming his views on fiscal policy should he be ...

The Treasury secretary does not decide which tariffs are implemented, but his voice will be important. Trump has proposed ...

If confirmed, the billionaire hedge fund manager will have authority in areas ranging from the IRS to economic sanctions.

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

Trump's Trials is now Trump's Terms. Each episode, host Scott Detrow curates NPR coverage of the incoming Trump administration.This episode: President-elect Trump plans to nominate hedge fund manager ...

Former hedge fund manager Scott Bessent is seen as a steady hand to lead the Treasury Secretary with his deep market ...