Trump has nominated Scott Bessent, a hedge fund manager, and the dollar has tanked as a result. He takes over from the ...

President-elect Donald Trump’s pick for Treasury Secretary operates a hedge fund that reaped a massive windfall two years ago ...

Scott Bessent, founder and chief executive officer of Key Square ... pro-fiscal-discipline, pro-strong-dollar—which Wall ...

Scott Bessent’s Treasury nomination boosts market optimism with stable yields, a stronger dollar, and a tempered outlook for ...

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...

The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would ...

The dollar recoiled from two-year highs on Monday, tracking a sharp decline in U.S. Treasury yields amid trust that Donald ...

The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world against the ...

The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...

US Treasuries have added to the gains spurred by the late-Friday announcement of Scott Bessent — a Wall Street veteran who ...

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect ...