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 ...

Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

27 (UPI) --The U.S. Senate confirmed billionaire investor Scott Bessent on Monday ... Leader John Thune, R-S.D., said. Related Treasury secretary nominee Bessent favors tax cuts, China tariffs ...

In a mostly bipartisan vote, the Senate confirmed Scott Bessent as Treasury secretary on Monday, solidifying his role to advance Trump’s economic agenda.

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was

Wall Street investor Scott Bessent was confirmed as the next Treasury Secretary by the Senate on Monday. Bessent is a wealthy hedge fund manager who's seen as a business-friendly choice. He was confirmed by a vote of 68 to 29, signaling a degree of bipartisan support for the new Treasury Secretary.

The Senate confirmed on Monday Scott Bessent, a Wall Street veteran and campaign ally of President Donald Trump, as treasury secretary, one of the highest-profile cabinet posts. Bessent won ...

Trump has embraced the ultra wealthy as well as tariffs and other policies that could stoke the inflation he criticized as a candidate.

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities. Horsley spent a decade on ...

Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund Management (SFM), where he was the firm's head of ...

Scott Dust, Ph.D., is a Management Professor and the Fealy Family Chair in Entrepreneurship at the Lindner College of Business, University of Cincinnati. He is also the Chief Research Officer at ...