Trump nominates Scott Bessent as treasury secretary; picks Russ Vought to lead budget office
President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for treasury secretary.
What Scott Bessent's Treasury Secretary Nomination Means for Investors
Scott Bessent is an investor and hedge fund manager. He served as chief investment officer at Soros Fund Management before founding Key Square Group, an investment firm that focuses on macroeconomic strategies, including analyzing economic, political, and market conditions to place trades on currencies, interest rates, commodities and equities.
Donald Trump taps Scott Bessent for Treasury secretary, ending fierce battle for key job
Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a series of op-eds and media appearances over the past year.
Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary
President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary nominee. With his Yale University education and pedigree trading for Soros Fund Management before establishing his own funds,
Trump names billionaire Scott Bessent as Treasury secretary pick
President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.
Trump taps pro-crypto Scott Bessent as Treasury Secretary, backing blockchain
Donald Trump selects Scott Bessent for Treasury Secretary, a crypto advocate, who promises regulatory clarity and blockchain integration.
Trump Nominates Scott Bessent for Treasury Secretary
"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said in a statement emailed to Newsweek. "Scott is widely respected as one of the World's foremost International Investors and Geopolitical and Economic Strategists. Scott's story is that of the American Dream."
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary
President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.
What to know about Scott Bessent, Trump's pick for treasury secretary
President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary
Who Is Scott Bessent? Donald Trump's Nominee for Treasury Secretary
Bessent was once described as the "protege" of billionaire George Soros, who he worked for over the course of decades.
Stocks open higher as investors cheer Bessent pick for Treasury
Stocks rose at the opening bell Monday, with investors attributing gains to relief over Donald Trump's selection of hedge-fund manager Scott Bessent to serve as Treasury secretary. "Risk on as markets see bonds rally,
Trump's pick for Treasury secretary shows there's a limit to Elon Musk's influence
Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent ...
Trump Picks Scott Bessent as Treasury Secretary
The president-elect has selected the hedge-fund manager to lead the Treasury, elevating one of his most vocal supporters in ...