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, according to a report from The Wall Street Journal citing people familiar with the matter. The pick ends a week of uncertainty over the crucial ...
US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts
Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse into the incoming administration’s sweeping economic agenda after an extended search that included multiple prominent contenders.
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
Donald Trump picks hedge fund manager Scott Bessent for Treasury secretary
The Treasury Secretary is a high-level Cabinet position charged with advising the president on matters related to financial, economic and tax policy.
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Live updates: Trump expected to select financier Scott Bessent to serve as Treasury secretary
Get the latest news on the transition to the new administration of President-elect Donald Trump and a new Congress.
Trump taps hedge fund manager Bessent to lead Treasury
President-elect Donald Trump has picked Scott Bessent, a hedge fund manager and major Trump fundraiser, to be his next Treasury secretary, people familiar with the decision said. Bessent, who has been among Trump’s biggest allies on Wall Street,
Trump names hedge fund manager Scott Bessent as Treasury secretary, announces other picks
Donald Trump picks Scott Bessent, a former money manager for Democratic donor George Soros, as Treasury secretary. He also announces choices for Labor, HUD and top budget official.
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.
Trump taps Scott Bessent for Treasury
President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S. Treasury secretary, a key cabinet position with vast influence over economic, regulatory and international affairs.
Trump’s safe Treasury pick suggests he doesn’t want to rock the boat on Wall Street
President-elect Donald Trump’s Treasury secretary pick stands in stark contrast to some of the more controversial and questionable Cabinet picks he’s announced so far. Scott Bessent won’t freak out Wall Street,
Wall Street’s Biggest Risk Takers Are Doubling Down
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Wall Street closes higher after business activity data
Wall Street closed higher on Friday, with all three major indexes posting weekly gains, as investors took comfort from data ...
Stock market today: Wall Street gains ground as it notches a winning week and another Dow record
Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow ...
‘Dancing in the street’: Some Wall Street banks are triumphant heading into Trump era
Trump hasn’t yet returned to office, and the biggest banks keep notching wins. The nation’s biggest banks have just in the ...
Court faults Wall Street regulator FINRA's system for expelling brokerages
A U.S. appeals court on Friday ruled that Wall Street's self-regulator likely lacks the power to unilaterally expel ...
Dow rises more than 400 points for record close, Wall Street posts weekly gain: Live updates
The blue-chip Dow gained 426.16 points, or 0.97%, to 44,296.51, a new all-time closing high and its third straight positive ...
Wall Street is boosting stock-price targets on Nvidia amid excitement for its new chip
Goldman Sachs said Nvidia has another trick up its sleeve to drive its stock price higher going forward: a massive stock ...
7 Myths About Wall Street
Wall Street brokers are all millionaires, walking around New York in fancy suits and raking in big bucks, right? Think again.
Nvidia is Wall Street’s most valuable company. How it got there, by the numbers
Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. The company has seen soaring demand ...
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Wall Street avoids Nvidia selloff after blowout earnings call
The lead-up to Nvidia’s Wednesday’s earnings release produced plenty of jitters on Wall Street, despite expectations of ...
Wall Street is lowering expectations for corporate profits in 2025. Should investors be concerned?
Wall Street analysts are partaking once again in a longstanding holiday tradition: lowering their projections for how much ...