Trump taps Bessent for Treasury

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.
What to know about Scott Bessent, Trump's pick for Treasury secretary
From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if contradictory Wall Street experience.
Treasury pick Scott Bessent scored billion-dollar wins with these bets on Wall Street
While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight into how me made his fortune.
Opinion
Scott Bessent’s Treasury Gauntlet
The nominee reassures financial markets, for now, but there are many pitfalls ahead.
Trump’s Treasury pick and former Soros money manager Scott Bessent’s hedge fund reaped windfall during 2022 downturn
President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago — even as global markets sagged.
US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts
Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse into the incoming administration’s sweeping economic agenda after an extended search that included multiple prominent contenders.
Wall Street veteran Scott Bessent nominated to be Trump's treasurer - and he couldn't be more different from Rachel Reeves!
Bessent (pictured), who campaigned for Trump's election and was a donor to his campaign, has expertise on making the right calls on the world economy.
Wall Street Sees Gains Following Trump's Pick of Bessent for Treasury
U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.
Donald Trump taps Scott Bessent for Treasury secretary, ending fierce battle for key job
Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a series of op-eds and media appearances over the past year.
Trump Treasury pick Scott Bessent to prioritize tax cuts, WSJ reports
President-elect Donald Trump's nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an interview published on Sunday.
Dow Jumps 400 Points As Wall Street Embraces Trump’s Treasury Pick Scott Bessent
Financial markets rallied in the first trading session following President-elect Donald Trump’s nomination of Wall Street ...
Scott Bessent's rise through finance to the US Treasury
Investor Scott Bessent has spent his career in finance, working for macro investment billionaire George Soros and noted short ...