Bessent has been a major donor to Trump, giving $1 million to the Republican candidate for his 2016 inauguration.

Bessent was once described as the "protege" of billionaire George Soros, who he worked for over the course of decades.

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for ...

President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of ...

If confirmed, Bessent will be tasked with implementing any tax cuts a Republican-controlled Congress may pursue.

Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent ...

U.S. President-elect Donald Trump floated the idea of appointing Kevin Warsh as Treasury Secretary on the understanding that ...

President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to ...

Bessent, if confirmed, would be the first out member of the LGBTQ+ community to lead the department. His nomination still ...

President-elect announced nominations to lead several departments and agencies as he continues to staff his next ...

"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said ...

The president-elect has selected the hedge-fund manager to lead the Treasury, elevating one of his most vocal supporters in ...