1 day ago · 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 ...

1 day ago · The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ...

1 day ago · Scott Bessent, President-elect Donald Trump’s choice to be Secretary of the Treasury, poses for a photo with Cabinet picks, other nominees and appointments, at the National Gallery of Art in Washington, Saturday, Jan. 18, 2025. ... He also said during his confirmation hearing that the Federal Reserve should remain independent from the ...

1 day ago · Scott Bessent during a Senate Finance Committee confirmation hearing in Washington on Jan. 16, 2025. ... He also said during his confirmation hearing that the Federal Reserve should remain ...

1 day ago · He replaces Janet Yellen, an economist who previously served as chair of the Federal Reserve. Bessent takes over the Treasury at a critical time for the economy and could play an important role in ...

1 day ago · Item 1 of 2 Scott Bessent, U.S. President-elect Donald Trump’s nominee to be secretary of treasury, testifies during a Senate Finance Committee confirmation hearing on Capitol Hill in Washington ...

Dec 11, 2024 · Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the...

Nov 23, 2024 · President-elect Donald Trump will nominate Scott Bessent to be his Treasury secretary, offering the hedge fund manager and major campaign fundraiser the preeminent economic post in his...

Nov 23, 2024 · Scott Bessent, the veteran hedge fund manager who Donald Trump picked to become the next Treasury secretary, wants tariffs, a shadow chair for the Federal Reserve and maybe a weaker dollar.

Nov 22, 2024 · President-elect Trump will nominate Scott Bessent, a financier focused on global macroeconomics, as his Treasury secretary, which would make him the incoming administration's top economic official.