‘Sigh of relief’: Wall Street welcomes Trump’s pick of Bessent for Treasury

Nomination of hedge fund investor follows tumultuous fight for the top US economic post

Business - Financial Times - 13 hours ago

Trump picks Scott Bessent as Treasury secretary

Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs

Business - Financial Times - 7 hours ago

Trump picks hedge fund manager Scott Bessent to serve as treasury secretary

President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.

Trump’s Treasury secretary choice: Scott Bessent, Larry Kudlow or Howard Lutnick might be picked

Support for tariffs looks like a key qualification for this crucial job in the next Trump administration.

Business - MarketWatch - November 15

Trump picks hedge-fund investor Scott Bessent for treasury secretary

Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...

World - The Guardian - 13 hours ago

Trump names investor Scott Bessent as Treasury secretary

President-elect Trump on Friday named billionaire investor Scott Bessent to be his Treasury secretary. Bessent would be the key leader of the president-elect’s economic team, which will be tasked ...

Politics - The Hill - 14 hours ago

Who is Scott Bessent? What to know about Trump's Treasury secretary pick.

If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.

Trump’s Treasury pick is Scott Bessent. He’s said it’s absurd to fear ‘Trump-flation.’

President-elect Donald Trump has selected hedge-fund manager Scott Bessent to serve as secretary of the Treasury Department.

Business - MarketWatch - 12 hours ago

Graham: Bessent would be 'outstanding' as Trump Treasury secretary

Sen. Lindsey Graham (R-S.C.) said that Key Square Group founder Scott Bessent would be an “outstanding” choice as President-elect Trump’s Treasury secretary. “I think he’d be outstanding. He’s ...

Politics - The Hill - November 15

Lutnick and Bessent’s battle for Treasury secretary turns bitter as Trump expands field

Wall Street factions fight for top economic post in president-elect’s cabinet

Business - Financial Times - 4 days ago

Trump Taps Investor Scott Bessent as Treasury Secretary

The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.

Business - The New York Times - 13 hours ago

Trump nominates Bessent to lead US Treasury in flurry of announcements

He also announces nominees for labour secretary, housing secretary and surgeon general.

Trump taps Scott Bessent to serve as treasury secretary

President-elect Donald Trump has tapped Scott Bessent, a key campaign fundraiser, as his pick for Treasury secretary. If confirmed, Bessent will oversee fiscal policies amid ongoing concerns about ...

Trump selects Scott Bessent for Treasury secretary

Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.

No mojitos and no lights: Cuba’s tourism industry fights losing battle

Power cuts and shortages of basic items plague Communist-ruled island’s vital sector

World - Financial Times - 9 hours ago

Ex-Barclays chief John Varley pulled back into fight to clear bank’s name

Financial Conduct Authority fined lender £50mn over 2008 emergency fundraising

World - Financial Times - 1 hour ago

News updates from November 22: Trump expected to pick Bessent as Treasury secretary; UK business activity slumps to 13-month low

World - Financial Times - 16 hours ago

Bessent and Lutnick lead Trump Treasury job race after Paulson exits

Billionaire says ‘complex’ financial ties triggered withdrawal from consideration for top US economy role

Business - Financial Times - November 12

Musk backs Lutnick over Bessent as Trump’s Treasury secretary

Billionaire tech mogul Elon Musk threw his support behind Howard Lutnick, chair and CEO of Cantor Fitzgerald, over Scott Bessent, founder of Key Square Group, as Treasury secretary in the next ...

Politics - The Hill - 6 days ago

Trump transition live updates: In a flurry of nominations, Trump announces 7 picks

President-elect Donald Trump is continuing to announce his picks for top jobs inside his administration.

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.

Business - CNBC - 13 hours ago

Trump's Treasury pick search

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump mulls new Treasury options, Commerce pick President-elect Trump is ...

Politics - The Hill - 4 days ago

In Trump, Wall Street will get what it wanted — and what it didn’t

Election outcome means less red tape, more M&A and more volatility, but health of financial system looks less certain

World - Financial Times - November 6

Wall Street and bitcoin soar to record highs as Trump wins US election

Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a third. Analysis: Trump policies mean higher prices Business live – latest ...

World - The Guardian - November 6

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

Wall Street expects Trump presidency will unlock deal-making

Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.

Business - CNBC - November 7

Wall Street expects Trump presidency will unlock deal-making

Wall Street dealmakers and corporate leaders expect the flood gates to open on merger and acquisition activity after President-elect Donald Trump takes office in January.

Why Wall Street may hold the ultimate veto power over Trump budget plans

Wall Street investors are bracing for a battle over Trump policies and plans that risk ballooning the U.S. debt load.

Business - MarketWatch - November 8

Wall Street makes wagers on the likely winners and losers in a second Trump term

Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and markets

Tech - ABC News - November 12

Latest in ‘Sigh of relief’: Wall Street welcomes Trump’s pick of Bessent for Treasury