Trump taps Bessent for Treasury

Trump picked Scott Bessent for Treasury despite ties to Democratic megadonor George Soros
Before he was chosen to be President-elect Donald Trump’s Treasury secretary, and before he founded his hedge fund, Scott Bessent worked at Soros Fund Management, founded by prolific Democratic Party donor and billionaire George Soros.
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.
‘Huge relief.’ CEOs exhale after Trump taps Scott Bessent to lead Treasury
Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures.
Who is Scott Bessent? What you need to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Global Markets Rise as Trump Taps Scott Bessent for Treasury Role
Bessent's nomination as Treasury Secretary has garnered attention due to his history with businessman George Soros.
Trump’s Treasury pick boosts stock market
Now is one of the stronger times of the year for stocks. pic.twitter.com/Hh4kA7xx6V — Ryan Detrick, CMT (@RyanDetrick) November 26, 2024 The stock market rallied on Monday as investors reacted positively to President-elect Donald Trump’s nomination of Scott Bessent for Treasury Secretary.
Bessent: We're In The Middle Of A Bretton Woods Realignment, "I'd Like To Be Part Of It"
Scott Bessent, President-elect Donald Trump's nominee for Secretary of the Treasury, in an interview on the 'Capital ...
Treasury secretary nominee Scott Bessent's '3-3-3' plan: What to know
President-elect Trump's nominee to serve as Treasury secretary, Scott Bessent, has a 3-3-3 plan that aims to curb budget ...
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 ...
Scott Bessent Warns About The Bubble And Threatens The Fed's Independence
Read here for a discussion of Trump's Treasury nominee's grim view of market bubbles, blames on Fed, advocates for reforms, ...
Bessent Will Have to Fix America’s Finances. Good Luck With That.
Managing the US Treasury market and the nation’s fiscal trajectory will be a lot more daunting than markets seem to recognize ...
Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be Part of It.
Donald Trump’s pick for Treasury secretary has been a fierce defender of his activist approach to trade.
Who is Trump's treasury secretary pick, Scott Bessent?
Scott Bessent, a billionaire hedge fund manager who has helped fundraise for Donald Trump, is the president-elect's choice to ...
Bloomberg L.P.3d
Bessent Has $6.7 Trillion Mountain of Worry Waiting at Treasury
Robert Burgess is the executive editor of Bloomberg Opinion. Previously, he was the global executive editor in charge of ...