Warren warns Trump Treasury pick not to interfere with Federal Reserve
Sen. Elizabeth Warren (D-Mass.) urged billionaire investor Scott Bessent, President-elect Trump's nominee for Treasury secretary, not to interfere with the Federal Reserve. “While I have been a vocal critic of Fed Chairman Jerome Powell's extreme rate hikes and lack of transparency, I have never questioned that it is his job to make those decisions,” Warren […]
Stocks and Bonds Rally On Trump’s Treasury Pick
US financial markets on Monday welcomed Donald Trump's nomination of financier Scott Bessent as Treasury secretary. Stocks rose on the first trading day following Trump's nomination announcement on Friday. The Dow Jones Industrial Average rose 475 points, or about 1%. The S&P 500 rose about six-tenths of a percent. The Nasdaq Composite Index also rose […]
Stock market today: World shares mostly gain after Trump picks billionaire for Treasury post – Yahoo Finance
NEW YORK (AP) — U.S. stocks were on track for a record rally Monday, adding to last week's gains. As of 10:30 a.m. ET, the S&P 500 was up 0.6%, just above its all-time high reached two weeks ago. The Dow Jones Industrial Average beat its own record set on Friday by 503 points, or […]
Stocks, Bonds Rise as Traders Cheer Treasury Pick: Markets Wrap – Yahoo Finance
(Bloomberg) – Stocks and Treasuries rose as traders hailed Donald Trump’s nomination of Scott Bessent as Treasury Secretary as a prudent choice that will bring more stability to the U.S. economy and financial markets. Most Read Articles on Bloomberg Europe's Stoxx 600 index rose 0.3% as US stock futures rose. The positive atmosphere continued from […]
Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders – CryptoSlate
The Blockchain Association, a nonprofit organization representing cryptocurrency and blockchain businesses in the United States, letter Friday to President-elect Donald Trump and Congress. In a letter signed by Blockchain Association CEO Kristin Smith, the association outlined five priorities for the Trump administration's first 100 days. While the entire cryptocurrency industry is calling for the removal […]
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 […]