With interest costs surging, it may be time for the government to forcefully hold down long-term Treasury yields. How it can ...

The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ...

Bessent has also laid out an economic plan known as “3-3-3,” which would reduce the federal budget deficit to 3% of gross domestic product (GDP), get real GDP growth to 3% and produce an ...

On this week’s episode of Capitol Gains, Senior Columnist Rick Newman breaks down Bessent’s 3-3-3 strategy. There are three main components to the 3-3-3 plan: Reduce federal deficit to 3% of ...

The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. Needed for confirmation Needed for confirmation Mr. Bessent, who formerly ...

Scott Bessent’s 3-3-3 plan will turn out more like 2-6-0 Trump’s econ game plan: Tariffs, Tax cuts, Tighter immigration Trump promises to disrupt immigration.

Bessent seemed reluctant to provide an answer when asked by Sen. Bernie Sanders, an independent from Vermont, if he agreed with President Joe Biden's warning on Wednesday night of a rising ...

He is a CFA charterholder. Treasury Secretary nominee Scott Bessent had a comfortable existence as a low-profile hedge fund manager, but he decided to enter public life to help rein in America’s ...

Bessent has pushed an ambitious plan to lower the federal budget deficit to 3%, achieve 3% GDP and produce 3 million more barrels of oil a day by the end of Trump’s second term, CNN reported.

The U.S. Senate confirmed Scott Bessent Monday to serve as President Donald Trump’s Treasury secretary, making the longtime hedge fund manager the point person for the new administration on a ...