Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs.

In May, New York jurors found Trump guilty on all 34 counts of falsifying business records in a hush money scheme ...

President-elect Donald Trump on Friday nominated Dr. Marty Makary to lead the Food and Drug Administration, selecting a ...

President-elect Donald Trump's nominee to oversee labor unions didn't sit well with Rupert Murdoch's prestigious newspaper ...

President-elect Trump is keeping the pedal to medal assembling his team as the stock market, bitcoin and gold keep grinding ...

President-elect Donald Trump said Friday he would nominate hedge fund manager Scott Bessent to be Treasury secretary in his second term.

The blue-chip Dow gained 426.16 points, or 0.97%, to 44,296.51, a new all-time closing high and its third straight positive ...

Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a ...

From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

Wall Street closed higher on Friday, with all three major indexes posting weekly gains, as investors took comfort from data ...

President-elect Donald Trump has offered hedge fund executive Scott Bessent to head the Treasury Department, CNN reported.