Bessent was once described as the "protege" of billionaire George Soros, who he worked for over the course of decades.

The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.

"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said ...

The hedge fund investor predicted last year that President-elect Donald J. Trump’s political fortunes were on the rise.

President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to ...

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for ...

Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a ...

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity ...

Jonathan Capehart is a Washington Post opinion writer who moonlights as host of “The Sunday Show with Jonathan Capehart” on ...

President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of ...

The president-elect has selected the hedge-fund manager to lead the Treasury, elevating one of his most vocal supporters in ...

If confirmed, Bessent will be tasked with implementing any tax cuts a Republican-controlled Congress may pursue.