Bessent beat out other prominent contenders including Apollo Global Management Inc. executive Marc Rowan, former Federal ...

President-elect Donald Trump is pledging to close the Department of Education and shift control to states, but it's easier ...

Our Forbes investment guide, zero percent rates, RMD rules, tax breaks for live organ donation, filing deadlines, and more.

Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his ...

President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his ...

One of the first tasks faced by an incoming president is staffing the Cabinet, the people who collectively are a president’s top advisers and the nation’s highest officials. Most of the members of ...

President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire ...

President-elect announced nominations to lead several departments and agencies as he continues to staff his next ...

US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.

Labor secretary: Trump chose former Oregon Congresswoman Lori Chavez-DeRemer as his choice to run the Department of Labor.

Trump announced a slew of cabinet announcement on Friday as he begins to shape his Cabinet for his second term.

Chavez-DeRemer is one of only a few Republican lawmakers to back legislation that would strengthen labor unions.