Bessent

Politics

New CFPB head Scott Bessent orders staff to halt work : NPR

Scott Bessent, the Treasury Secretary, has been tapped by President Trump to be acting director of the Consumer Financial Protection…

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Politics

Billionaire Scott Bessent Confirmed as Trump’s Treasury Secretary

WASHINGTON — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary,…

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Scott Bessent is confirmed as Treasury Secretary : NPR

Bessent testifies before the Senate Finance Committee during his confirmation hearing for Treasury Secretary in the Dirksen Senate Office Building…

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Business

Scott Bessent pushes gradual 2.5% universal US tariffs plan

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and…

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Business

Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil By Reuters

By David Lawder WASHINGTON (Reuters) -President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar…

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Scott Bessent, Trump’s Treasury Secretary pick, grilled on tax cuts, tariffs : NPR

US investor and hedge fund manager Scott Bessent testifies before a Senate Finance Committee hearing on his nomination to be…

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Politics

Bessent to divest from assets on road to leading Treasury

President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to…

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Politics

Bessent: Powell can serve out remainder of term as Fed chair

Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve…

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Business

Dollar falls after Donald Trump names Scott Bessent to Treasury role

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Business

Scott Bessent made billions on Wall Street with these big bets

Little has been reported about Bessent’s personal wealth. And unlike hedge fund peers such as Ray Dalio and Ken Griffin,…

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