Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was

Former hedge fund manager Scott Bessent was confirmed yesterday in the Senate as the new Treasury Secretary. The 62-year-old Tr*mp nominee becomes the first out-gay man to hold the position. He’s also the highest-ranking LGBTQ+ official in US history. The Treasury Secretary is fifth-in-line to the Presidency.

Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

In a mostly bipartisan vote, the Senate confirmed Scott Bessent as Treasury secretary on Monday, solidifying his role to advance Trump’s economic agenda.

The Senate is set to vote Monday on the confirmation of Scott Bessent as treasury secretary, as Senate Republicans work to quickly install President Trump's picks for top administration posts.

The Senate confirmed Scott Bessent as treasury secretary, filling a key role in President Donald Trump's Cabinet with Bessent expected to help orchestrate Trump's economic agenda.

Scott Bessent has been an outspoken advocate for digital assets and hopes to being more regulatory clarity and crypto-favourable policies.

Many hedge funds endured difficult times in the years following the financial crisis, and a number of prominent names shut down and became family offices, like Duquesne Capital, founded by Stanley Druckenmiller, another Soros alum; “big short” John Paulson’s eponymous Paulson & Co.; and Tiger Cub John Griffin’s Blue Ridge Capital.

WASHINGTON D.C. (WSAU) – New details are being made public surrounding the man accused of traveling to the nation’s capitol earlier this week to kill Treasury Secretary Scott Bessent and Secretary of Defense Pete Hegseth.

The US Senate confirmed Scott Bessent as Treasury Secretary. He faces balancing tax cuts with deficit control and crafting a tariff strategy, becoming the first openly gay person in the role.