Federal Reserve Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on Nov. 7, 2024. Kent Nishimura | Getty Images Federal Reserve …
Three decades before he was tapped to lead the Treasury Department, Scott Bessent was asked to help break another country’s financial system. Then 29 years old, Bessent, working for financier …
A top adviser to President-elect Donald Trump allegedly tried to profit from his relationship with the new administration, asking potential appointees for large retainer fees in exchange for promoting them …
The soon-to-be top Democrat on the Senate Banking Committee cautioned Scott Bessent, Donald Trump’s pick to be the next treasury secretary, to respect the Federal Reserve’s policy independence. “I have …
SINGAPORE, – Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors cheered the appointment of fund manager Scott Bessent as the next …
WASHINGTON (AP) — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time before settling on billionaire investor Scott Bessent as his treasury secretary …