Hedge fund chief and tariff fan Scott Bessent to lead Treasury under Trump
Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member of the Economic Club of New York and an advocate for one of Trump’s major campaign promises — tariffs.
The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status ...
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What the Dip in Treasury Yields Says About Trump's Tariff PlansYields on 10-year treasuries slipped to their lowest in nearly a month after Trump's selection of a top cabinet post allayed ...
The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...
The pick of Scott Bessent as Treasury secretary has changed the market's mood, says Kit Juckes, chief currency strategist at ...
Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...
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