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Trump, Scott Bessent and Wall Street
Wall St closes higher; small-caps hit record high after Trump nominates Bessent
Wall Street's main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott Bessent's nomination as U.S. Treasury secretary helped push bond yields lower.
Trump nominates Wall Street investor Scott Bessent as treasury secretary
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 administration.
Trump’s Bessent pick for Treasury boosts hopes for year-end stock-market rally
Donald Trump’s selection of hedge-fund manager Scott Bessent to serve as Treasury secretary triggered a sigh of relief across global financial markets on Monday.
45m
on MSN
Jim Cramer examines Wall Street's reaction to Trump Treasury secretary pick
CNBC’s Jim Cramer said investors demonstrated a belief that hedge fund manager Scott Bessent will be a prudent force as ...
9h
on MSN
Dow Jumps 400 Points As Wall Street Embraces Trump’s Treasury Pick Scott Bessent
Investors are “appreciative” of Trump’s nomination of the “business-as-usual” Bessent as Treasury secretary, remarked one ...
20h
Trump Treasury pick Scott Bessent to prioritize tax cuts, WSJ reports
President-elect Donald Trump's nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax ...
Opinion
1h
on MSN
Opinion
Scott Bessent’s Treasury Gauntlet
The nominee reassures financial markets, for now, but there are many pitfalls ahead.
2d
on MSN
What to know about Scott Bessent, Trump's pick for Treasury secretary
From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if ...
5h
‘Can he stand up to Trump:’ Jason Furman on Trump’s choice of Scott Bessent for Treasury Sec.
Fmr. CEA Chair Jason Furman joins Andrea Mitchell to analyze Trump’s choice of Scott Bessent to be the next Treasury ...
2d
on MSN
Treasury pick Scott Bessent scored billion-dollar wins with these bets on Wall Street
While little has been reported about his wealth, a look at Bessent's winning bets while working in finance offer some insight ...
11h
The Dow and S&P 500 hit new highs as Trump picks Scott Bessent as Treasury Secretary
The Dow climbed and the dollar weakened early Monday following the news that President-elect Donald Trump has tapped Wall ...
3h
Gay MSNBC host Jonathan Capehart said he’s ‘conflicted’ by Trump move to pick Scott Bessent for Treasury
Jonathan Capehart is a Washington Post opinion writer who moonlights as host of “The Sunday Show with Jonathan Capehart” on ...
2d
US Treasury Pick Bessent ‘Is a Fiscal Hawk’: Wall Street Reacts
Hedge fund chief Scott Bessent’s Friday nomination to become the US Treasury Secretary is offering bond investors a glimpse ...
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