Hedge fund manager Scott Bessent had been the betting favorite to take the reins at Treasury. Scott Turner, a former ...

Donald Trump made a flurry of moves to fill the ranks of his incoming administration, with key Cabinet picks still to face confirmation hearings in the Senate. Follow for live updates.

WASHINGTON: US President-elect Donald Trump on Friday (Nov 22) named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts ...

Previously, he was the global executive editor in charge of financial markets for Bloomberg News. The secretary of the US ...