Nov 12, 2024 · Scott Bessent, a hedge fund manager once involved in George Soros's investment operations, has recently emerged as a potential pick for Treasury secretary in a second Trump administration.

Mr. Bessent has been in the global investment management business for 40 years, visiting 60 countries, interacting with international leaders and central bankers. He is regarded as a currency and fixed income specialist. Mr. Bessent is a frequent contributor to economic journals and business publications.

1 day ago · Trump's tariff threats against Colombia, Mexico and Canada are aimed at changing these countries. The corresponding statement was made by US Treasury Secretary Scott Bessent. "These actions are not aimed at increasing income, but at making changes in the target countries," Bessent was quoted as saying by Reuters.

Jan 28, 2025 · WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of...

1 day ago · Mr Bessent said Mr Trump was pursuing different strategies with different tariffs, noting that recent tariff threats against Colombia, Mexico and Canada were aimed at ensuring action by those ...

1 day ago · Bessent said Trump was pursuing different strategies with different tariffs, noting that recent tariff threats against Colombia, Mexico and Canada were aimed at ensuring action by those ...

Nov 20, 2024 · Hedge fund manager Scott Bessent, who once raised money for Democrats but later became a key donor to Trump, will be nominated to serve as treasury secretary. Bessent has a long career in finance, including working at Soros Fund Management and founding his own firm.

Jan 28, 2025 · On Monday, Bessent was confirmed after a 68-29 vote — with all Republicans voting “Yea,” joined by 16 Democrats. Bessent is set to be the 79 th Treasury secretary and he will play a pivotal...

On January 28, 2025, Scott Bessent was sworn in as the 79th Secretary of the Treasury of the United States. As Secretary, Mr. Bessent is responsible for the U.S. Treasury’s wide-ranging mission to maintain a strong economy, foster economic growth and create job opportunities for all Americans by promoting the conditions that enable prosperity ...

Jan 27, 2025 · WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.