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 at home and abroad as well as managing the U.S ...

21 hours ago · Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. Bessent, in two interviews this ...

18 hours ago · Nine days after his swearing in, Scott Bessent sat down with Big Take DC host Saleha Mohsin at the US Treasury Department.They discussed topics in his purview dominating the headlines — Elon Musk’s DOGE efforts, tariffs — and his plans for taxes, trade, the Fed and more.Listen and follow The Big Take DC on Apple Podcasts, Spotify or wherever you get your podcastsTerminal clients: click ...

The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy.

3 days ago · WASHINGTON — In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director ...

Jan 16, 2025 · Bessent will succeed former Fed chief Janet Yellen, who he overlapped with at the Fed, as Treasury Secretary. Banking veteran Steven Mnuchin was the top economic official during Trump’s...

Jan 28, 2025 · The treasury secretary is responsible for serving as the President’s fiscal policy adviser and managing the public debt. He is also a member of the President’s National Economic Council.

Nov 23, 2024 · President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury. “Scott has long been a strong advocate of the America...

Nov 23, 2024 · Scott Bessent, the little-known Wall Street investor who became one of President-elect Donald Trump's top economic advisers, has been nominated to be the next treasury secretary in Trump's new...

1 day ago · (CNN) — Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. Bessent, in two interviews this week, said the Trump administration wants to focus on lowering long-term interest rates, which are largely influenced by the yield on the 10 ...