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Trump taps team to work with US Treasury nominee Scott Bessent

President-elect Trump announced several administration changes Thursday, including a team that will work with incoming Treasury Secretary Scott Bessent. President Trump announced in a post on Truth Social that Ken Keyes will become assistant secretary for tax policy. Mr. Keith has been a tax attorney for 47 years and has served as Chief of Staff […]

Bessent: Powell can serve out remainder of term as Fed chair

Scott Bessent, President-elect Trump's pick to lead the Treasury Department, said Tuesday that Federal Reserve Chairman Jerome Powell could lead the central bank for the remainder of his term. “I completely agree, as the president said on Sunday, that Jay Powell will serve out his term,” Bessent said. CNBC. His comments come after President Trump […]

MSNBC’s Jonathan Capehart ‘conflicted’ by Trump pick Scott Bessent

The weekend anchor for left-leaning cable channel MSNBC says he is “baffled” by President-elect Donald Trump's decision to nominate openly gay hedge fund manager Scott Bessent to be the next Treasury secretary. spoke. Jonathan Capehart, an opinion writer for the Washington Post and host of The Sunday Show with Jonathan Capehart, a Comcast-owned news channel, […]

Trump taps Scott Bessent for high-stakes Treasury chief: What to know

President-elect Trump on Friday selected Scott Bessent, the billionaire investor who continues to push for higher tariffs and a major shift in global trade activity, to be his Treasury secretary. Mr. Bessent made a profit as the founder of the hedge fund Key Square Group, which helped finance Mr. Trump's second campaign after decades of […]

Trump Reveals Scott Bessent As Pick For Treasury Secretary

President-elect Donald Trump announced in a social media post Friday that he has nominated Scott Bessent to be the 79th Secretary of the Treasury. Bessent is the latest revelation in the former president's continued list of Cabinet nominees since his Nov. 5 election victory. In a post on Truth Social, President Trump said the billionaire […]

Donald Trump Nominates Investor Scott Bessent for Treasury Secretary

President-elect Donald Trump has announced that he will nominate Scott Bessent, a prominent investor and CEO of Key Square Capital Management, to be Secretary of the Treasury. President Trump: “I am very pleased to nominate Scott Bessent as the 79th Secretary of the United States Treasury.'' wrote in a statement True Social Friday Night. “Scott […]

Trump to name hedge fund manager Scott Bessent to head Treasury Department

President-elect Donald Trump reportedly plans to nominate hedge fund manager Scott Bessent to head the Treasury Department. numerous sauce. Bessent, 62, founded the macro fund Key Square Group in 2015 and is openly gay. “I was totally rooting for President Trump. I was one of the few people on Wall Street who supported him.” President […]

Trump expected to name investor Scott Bessent as Treasury secretary pick

President-elect Trump is expected to tap hedge fund manager Scott Bessent as Treasury secretary in his new administration, sources confirm to NewsNation. Bessent, the founder and CEO of the hedge fund Key Square Group, served as an economic advisor to the Trump campaign and often appears on economic talk shows to advocate for the president-elect's […]

Treasury contenders Howard Lutnick, Scott Bessent in ‘knife fight’

President Donald Trump's two front-runners for Treasury secretary are engaged in what is reported to be a “knife fight,” but the president-elect, reportedly displeased with one of them, apparently The company reported that it is expanding its list of options. I will report it. Howard Lutnick, the billionaire CEO of Wall Street giant Cantor Fitzgerald, […]