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Trump names billionaire Scott Bessent as Treasury chief

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.

Barron's on MSN · 1d

Trump Taps Wall Street Vet Scott Bessent to Run the Treasury Department

President-elect Donald Trump chose Scott Bessent to lead the Treasury Department late Friday evening. “I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States,

Hosted on MSN · 7h

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 instead.

40m

Investors See Treasury Pick Bessent as Calming US Bond Market Worries

The benchmark U.S. 10-year yield, which moves inversely to bond prices, is hovering near a five-month high as traders fret ...

What to know about the House bill that could punish nonprofits over alleged ‘terrorist’ ties

The House passed a bill Thursday that would empower the Treasury Department to eliminate the tax-exempt status of any ...

4h

Can Trump eliminate the Department of Education?

President-elect Donald Trump is pledging to close the Department of Education and shift control to states, but it's easier ...

1d

President elect Trump selects SC native to lead US Treasury department

Billionaire hedge fund manager and SC native Scott Bessent has been nominated by incoming president Donald Trump to lead the ...

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