He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.
3 days ago · Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets. ... prominence on Wall …
Trump’s Treasury Pick Will Please Wall Street - U.S. News
4 days ago · After some very public internal jostling, President-elect Donald Trump moved to assure Wall Street with his pick late Friday of hedge fund billionaire Scott Bessent as Treasury …
Trump nominates investor Scott Bessent as treasury secretary
Nov 23, 2024 · Scott Bessent, the little-known Wall Street investor who became one of President-elect Donald Trump's top economic advisers, has been nominated to be the next treasury …
Trump names billionaire Scott Bessent as Treasury secretary pick
Nov 22, 2024 · President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.
World stocks, bonds bounce on Bessent pick as US Treasury Secretary
5 days ago · World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might restrain debt levels, while falling yields …
Wall St closes higher; small-caps hit record high after Trump …
5 days ago · Wall Street's main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott Bessent's nomination as U.S. Treasury secretary …
From Washington to Wall Street: Meet the New Treasury Secretary
4 days ago · Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and …
Trump Taps Wall Street Vet Scott Bessent to Run the Treasury
Nov 23, 2024 · “I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States,” Trump wrote in a statement posted to his social media …
Bessent in focus for US Treasury secretary after Paulson exits race
Nov 12 (Reuters) - Billionaire investor John Paulson said on Tuesday he was dropping out of contention for U.S. Treasury secretary in Donald Trump's new cabinet, putting the focus …
Bessent in Focus for US Treasury Secretary After Paulson Exits Race
Nov 12, 2024 · Wall Street has been closely watching Trump's plans for the Treasury secretary role, especially as he has said he plans to reshape global trade through tariffs.