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Trump, Bessent and Treasury
Scott Bessent, Trump’s pick for Treasury secretary, will be in charge of tariffs that could impact women hardest
Bessent will lead President-elect Donald Trump’s Treasury Department. Bessent is the first out gay member of Trump’s Cabinet.
Who is Scott Bessent, Trump's Pick For Treasury Secretary?
Key Takeaways Scott Bessent, Donald Trump's pick for Treasury Secretary, was an economic advisor during his campaign and championed an agenda of tariffs, lower taxes, and deregulation.Bessent is a hedge fund manager who previously worked for liberal billionaire George Soros.
Trump taps Scott Bessent for high-stakes Treasury chief: What to know
President-elect Trump selected billionaire investor Scott Bessent to lead the Treasury Department on Friday as the former president continues to call for an increase in tariffs and major shifts in the country’s global trade operations.
Trump Taps Investor Scott Bessent as Treasury Secretary
The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.
Trump Taps Gay Billionaire Scott Bessent to Lead Treasury
Wall Street analysts believe Bessent will encourage Trump to roll back his aggressive plans for imposing tariffs on imported goods.
Dow hits all-time closing high as Trump’s Treasury pick Scott Bessent promises to slash taxes, spending
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on tips, social security benefits and overtime pay.
Scott Bessent, Trump’s pick for Treasury secretary, gets rave reviews from asset managers
Not surprisingly, U.S. Sen. Tim Scott, R-S.C., a member of the Senate Finance Committee as well as the Senate Banking Committee, commended his fellow South Carolinian, in a news release, saying Bessent will “usher in a tax code that enhances growth, investment and economic opportunity for all Americans.”
Trump taps Scott Bessent for Treasury, capping long drama over choice
Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his nomination a 'relief' and say it could reduce the chance of severe tariffs.
3Trump's Treasury Secretary Pick Scott Bessent Says A 'Global...
What Happened : In his first interview since Trump made the announcement, Bessent outlined his policy priorities, focusing on fulfilling tax-cut promises made by Trump. These include making first-term tax reductions permanent and removing taxes on tips, social security benefits, and overtime pay, The Wall Street Journal reported on Monday.
Why Wall Street likes Trump's pick for Treasury
Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the president-elect's punishing trade agenda.
Who Is Trump's Treasury Pick Scott Bessent And Why Does Wall Street Like Him?
President-elect Donald Trump has referred to his Treasury pick, billionaire hedge fund manager Scott Bessent, as "one of the most brilliant men on Wall Street."
2h
on MSN
Trump’s economic team is surprisingly conventional. Will it limit tariffs?
President-elect Donald Trump has chosen relatively conventional experts to lead his second administration’s economic policy, ...
4d
on MSN
Who is Scott Bessent? What you need to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal ...
4d
on MSN
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 ...
1d
Trump’s tariffs are a reality check for markets
The CEO of financial services firm Cantor Fitzgerald is seen as brash, and an ardent backer of Trump’s tariff-raising agenda, ...
7h
on MSN
Trump tariffs could hike prices for many products, including these items
Tariffs on U.S. imports would raise prices for consumers on a range of goods, experts say. Here's what to know.
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