Scott Bessent is a billionaire hedge fund manager and an advocate for deficit reduction. He had worked for macro investment ...

The benchmark U.S. 10-year yield, which moves inversely to bond prices, is hovering near a five-month high as traders fret ...

The Treasury secretary oversees U.S. economic and tax policy, and Trump’s nominee will be tasked with carrying out his plans.

President-elect Donald Trump on Friday unveiled several key appointments for his incoming administration, including Russell ...

In two weeks since winning the election, Trump has already named some of the positions, including the 'border czar' and chief ...

President-elect Donald Trump today said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, ending days of twists that saw high profile candidates pitted against each other ...

The House passed a bill Thursday that would empower the Treasury Department to eliminate the tax-exempt status of any ...

President-elect Donald J. Trump on Saturday chose Brooke Rollins, his former White House domestic policy adviser, to helm the ...

Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent ...

Donald Trump made a flurry of moves to fill the ranks of his incoming administration, with key Cabinet picks still to face confirmation hearings in the Senate. Follow for live updates.

United States President-elect Donald Trump has nominated Scott Bessent to lead the US Department of Treasury. In a statement, ...