Scott Bessent, President-elect Donald Trump's nominee for Department of Treasury secretary ... and the Great People of the United States of America," Trump said in a statement about choosing Bessent. Bessent will appear before the Senate Finance Committee ...

Bessent is a former protégé of George Soros, the billionaire investor and Democratic mega donor. After Trump won the election in November, Bessent won an unusually public – and messy – contest to be nominated for the Treasury Secretary role.

The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full Senate for approval.

Trump Treasury Secretary nominee Scott Bessent faces a Senate panel on Thursday and can expect grilling from a Democratic watchdog of Wall Street.

The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.

President-elect Donald Trump’s pick for Treasury secretary testified Thursday before the Senate Banking Committee.

Scott Bessent will also resign from Key Square Group, the hedge fund he founded, to avoid conflicts of interest if the Senate confirms him.

President-elect Donald Trump has nominated Scott Bessent, a hedge fund manager and his longtime economic advisor, for the position of Treasury Secretary. If confirmed, Bessent, who is married to ...

Scott Bessent, President-elect Donald Trump's nominee for Department of Treasury secretary ... and the Great People of the United States of America," Trump said in a statement about choosing ...

Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could make him the first openly gay cabinet member of a Republican administration.

The Trump administration is considering hedge fund veteran and China hawk Kyle Bass for a post at either the Treasury or Defense Department, according to people familiar with the matter.