Scott Bessent, a billionaire hedge fund manager, will lead President Donald Trump 's financial agenda as treasury secretary.

The U.S. Senate on Monday confirmed Scott Bessent to be President Donald Trump's Treasury secretary, giving the billionaire ...

Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of Trump.

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...

The breaching of the US debt limit could expose 2 bullish catalysts for stock prices: lower interest rates and gridlock among ...

With the national debt above $36 trillion, newly-confirmed Treasury Secretary Scott Bessent vowed to rein in government ...

Confirmed as 79th Treasury secretary Must manage tax negotiations ... Even before he was sworn in, the Treasury Department was using "extraordinary measures" to avoid breaching the cap and ...

Outgoing Treasury Secretary Janet Yellen told Congress ... "at which time it will be necessary for Treasury to start taking extraordinary measures." Bessent’s confirmation follows that of ...