Who Is Scott Bessent? Wall Street Is Delighted by Trump’s Treasury Pick
When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a massive sigh of relief from the markets, with the yield on the 10-year Treasury falling sharply (a sign that investors think Bessent will help keep inflation cool) and the stock market getting a little bump.
Still, Trump's nomination of Scott Bessent to the top Treasury post raised hopes that tariffs will be more measured. And with ...
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal ...
President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to ...
The new Trump administration is coming in hot, with mass deportations of undocumented immigrants and threats of triggering a ...
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