When President-elect Donald Trump takes office this month, he’s vowed to begin making major changes—for better or worse—on day one. To lead the nation’s economy, Trump has chosen Cantor Fitzgerald ...

From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if ...

Scott Bessent bested Howard Lutnick in a protracted fight to become Donald Trump’s nominee for Treasury secretary. But Mr. Lutnick’s consolation prize, commerce, may be the real trophy.

Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the ...

The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall ...

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...

Wall Street executive Howard Lutnick, North Dakota Gov. Doug Burgum, money manager Scott Bessent, entrepreneur Jared Isaacman, real estate tycoon Steven Witkoff and investment banker Warren ...

Mr Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of the ...

President-elect Trump meets with Scott Turner, his nominee to lead HUD ... Still, nothing is assured. After Bessent spent a year restoring the 1939 Miami villa with a loggia and clay tile roof ...

Democrats are looking to exploit the Commerce secretary nominee’s vast wealth and financial entanglements at his confirmation hearing Wednesday.