Democrats "would prefer 'Depression' as long as it hurt the Republican Party," the president-elect wrote on his Truth Social platform.

The Senate voted 68 to 29 to confirm Mr. Bessent, a billionaire hedge fund manager, as the next Treasury secretary.

But the Great Depression was a catastrophe ... Moreover, the Fed followed the "liquidationist" policy of then-Treasury Secretary Andrew Mellon, in which the central bank stands aside and lets ...

Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

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

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 ...