Hedge fund veteran and Wall Street-approved suit Scott Bessent is likely the new Treasury secretary. That’s why this 11% ...

When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a ...

Investors are “appreciative” of Trump’s nomination of the “business-as-usual” Bessent as Treasury secretary, remarked one ...

Trump's choice of Scott Bessent for Treasury secretary is buoying spirits at the start of a holiday-shortened week.

Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the ...

The nominee reassures financial markets, for now, but there are many pitfalls ahead.

Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that ...

The choice of hedge fund manager Scott Bessent came after a public battle among Trump supporters over who should be the new ...

U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.

Bessent's nomination as Treasury Secretary has garnered attention due to his history with businessman George Soros.

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect ...

CNBC’s Jim Cramer said investors demonstrated a belief that hedge fund manager Scott Bessent will be a prudent force as ...