Scott Bessent’s fund made biggest returns with bet against Fed

Donald Trump’s Treasury secretary pick shorted vulnerable assets in 2022 to capitalise on post-pandemic inflation

Business - Financial Times - 9 hours ago

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 - 4 days ago

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 - 4 days 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 picks hedge fund exec Scott Bessent as treasury secretary

President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports ...

Politics - NBC News - 4 days 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 - 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 - 4 days 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.

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 - 4 days ago

The Markets Cheer Trump’s Treasury Pick, Scott Bessent

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.

Top stories - The New York Times - 2 days ago

Who is Trump's treasury secretary pick, Scott Bessent?

Scott Bessent, a billionaire hedge fund manager who has helped fundraise for Donald Trump, is the president-elect's choice to lead the Treasury Department.

Why Scott Bessent could be Trump’s James Baker

The next president’s choice as Treasury secretary may find a way to place Maga economic policy in a co-operative international framework

Business - Financial Times - 2 days ago

How Scott Bessent won the Treasury secretary battle

Plus, what Trump means for Nato and the future of Europe

World - Financial Times - Yesterday

Trump victory hands hedge funds $1.2bn win from bet against renewables

Clean energy shares have tumbled on fears Republican president-elect will scrap subsidies and tax breaks

World - Financial Times - November 8

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

President-elect Trump selected billionaire investor Scott Bessent to lead the Treasury Department on Friday as the former president continues to call for an increase in tariffs and major shifts in ...

Politics - The Hill - 4 days ago

Who Is Scott Bessent? Wall Street Is Delighted by Trump’s Treasury Pick

But it will still be a challenge for the hedge fund manager to keep both the markets and Trump happy.

Business - Inc. - Yesterday

Connie Nielsen on returning to "Gladiator" and reuniting with Ridley Scott

Ahead of the sequel's release, Connie Nielsen joins "CBS Mornings" to talk about stepping back into the world of Ridley Scott's epic saga and her character's emotional journey.

Dollar falls after Trump names Bessent to Treasury role

US bond yields drop as hedge fund manager nominated for top economic position

Business - Financial Times - Yesterday

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’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 - 4 days ago

How Scott Bessent Went From Democratic Donor to Trump Treasury Secretary Pick

The hedge fund investor predicted last year that President-elect Donald J. Trump’s political fortunes were on the rise.

Business - The New York Times - 4 days ago

Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more

With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts ...

Business - MarketWatch - Yesterday

Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.

Business - The New York Times - 23 hours ago

Reeves in radical pension shake-up to boost growth

The chancellor wants to merge the UK's pension funds but critics worry about the impact on savers.

Leveraged hedge funds magnified August market sell-off, Fed says

US central bank report pins blame for trading volatility partly on investors that had taken on too much debt

World - Financial Times - 5 days ago

Long-term Treasury bonds log biggest rally in nearly 4 months after Trump picks Bessent

Longer-term Treasury yields ended sharply lower Monday, sending prices higher on optimism that President-elect Donald Trump’s choice of Scott Bessent as Treasury secretary could help lower budget ...

Business - MarketWatch - 2 days ago

Bomb threats made against Trump cabinet nominees

Police are investigating a wave of incidents which happened on Tuesday night and Wednesday morning.

5 former House Republicans endorse Democrat running against Scott Perry

Five former House Republicans on Monday endorsed Democrat Janelle Stelson in her bid to unseat Rep. Scott Perry (R-Pa.) and urged their GOP colleagues to follow suit. In a letter first reported by ...

Politics - The Hill - October 29

Latest in Scott Bessent’s fund made biggest returns with bet against Fed