Scott Bessent, a billionaire hedge fund manager, is preparing to shed a portfolio valued at more than $700 million as he readies to oversee the U.S. Department of the Treasury. Keep up with the ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

The Senate on Monday confirmed billionaire hedge fund manager and investor Scott Bessent as President Trump’s Treasury ...

Interest expense is the fastest-growing and most nettlesome part of the federal budget, now exceeding military spending.

The Senate voted to confirm investor and billionaire hedge fund manager Scott Bessent to serve as President Donald Trump’s ...

Ahead of his confirmation hearing for Treasury, billionaire hedge-fund manager Scott Bessent outlined holdings that could pose a conflict of interest and said he would divest.

Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a ...

Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy ...

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...

The prominent hedge-fund investor is scheduled to appear before a Senate committee at 10:30 a.m. Eastern time Thursday Scott Bessent ... such as portfolio management or data aggregation.

The U.S. Senate confirmed Scott Bessent Monday to serve as President Donald Trump’s Treasury secretary, making the longtime ...

Hedge fund executive Scott Bessent, tapped to become President ... If confirmed, Bessent, 62, would play a key role implementing a broad portfolio of policies outlined by Trump on the campaign ...