The Markets Cheer Trump’s Treasury Pick, Scott Bessent

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 - 21 minutes ago

Stock-market investors cheered the end of election uncertainty. Policy uncertainty remains.

Investors asked themselves whether the postelection rally could continue, and if Trump is really as good for the market as some think.

Business - MarketWatch - November 18

Trump backer John Paulson bows out as possible Treasury secretary pick

John Paulson said he would remain in involved in implementing economic policies of President-elect Donald Trump

Business - CNBC - November 12

Musk publicly supports Lutnick for treasury secretary as Trump considers pick

Musk’s comments on X in support of candidate comes amid anxiety over entrepreneur’s proximity to Trump. . Elon Musk has publicly weighed in on Donald Trump’s choice for US treasury secretary, one ...

World - The Guardian - November 17

After Flurry of Cabinet Picks, Trump Rethinks Candidates for Treasury Secretary

President-elect Donald J. Trump is expected to invite the contenders for the role, including Kevin Warsh and Marc Rowan, to Mar-a-Lago this week.

Top stories - The New York Times - November 18

Trump Ponders New Treasury Picks, Plans SpaceX Launch Visit With Musk

Apollo Global Management Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh are new names in the mix of candidates for Secretary of the Treasury.

Business - Inc. - November 19

Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs

Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.

Business - MarketWatch - November 20

‘Three-way tie’: Trump Treasury pick hanging in limbo

President-elect Trump has spent recent days in meetings with potential picks to be his Treasury secretary but so far a final decision is hanging in the balance. Marc Rowan, Apollo Global Management ...

Politics - The Hill - 4 days ago

Trump announces more administration picks, including treasury secretary

President-elect Donald Trump is continuing to make nominations to key posts in his incoming administration. On Friday, Trump made choices for treasury secretary, CDC director, FDA commissioner and ...

Politics - CBS News - 3 days ago

Warren warns Trump Treasury pick not to interfere with Federal Reserve

Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent, to not interfere with the Federal Reserve. “I have been a fierce ...

Politics - The Hill - Yesterday

Treasury yields fall as investors endorse Trump's Treasury secretary pick, await inflation data

U.S. Treasury yields were lower on Monday as investors weighed President-elect Donald Trump's Treasury secretary pick and awaited a key inflation reading.

Business - CNBC - Yesterday

Fight over Trump’s Treasury secretary blamed for some stock-market jitters as candidate pool grows

Investors need a scorecard to keep track of the array of candidates vying to be President-elect Donald Trump’s Treasury secretary, and that was likely part of the reason for stock-market weakness, ...

Business - MarketWatch - November 19

Rick Scott says he thinks DeSantis will pick Lara Trump to succeed Rubio

Sen. Rick Scott (R-Fla.) said he thinks the state’s Gov. Ron DeSantis (R) will pick Lara Trump to replace Sen. Marco Rubio (R-Fla.), who President-elect Trump tapped to serve as Secretary of State. ...

Politics - The Hill - November 20

5 things to know about former NFL star Scott Turner, Trump's pick to lead HUD

President-elect Trump announced his nomination of former NFL star Scott Turner for Secretary of the Department of Housing and Urban Development on Friday. “I am pleased to nominate Scott Turner, ...

Politics - The Hill - 3 days ago

Investors cheer Trump’s economic agenda, defying gloomy media

Donald Trump winning the popular vote and control of Congress was not the only shocker this week; the stock market response was almost as stunning.

Politics - The Hill - November 8

Trump thinks he can fix golf's mess. He starts by playing golf with PGA Tour commissioner

President-elect Donald Trump has said it would take about 15 minutes to sort out golf's mess

Sports - ABC News - November 18

Donald Trump announces picks for labor and treasury departments, CDC and surgeon general in flurry of nominations – live

Scott Bessent, Russ Vought, Lori Chavez-DeRemer, Sebastian Gorka and Dave Weldon among choices for key posts in second Trump administration. Trump picks hedge-fund investor Scott Bessent for ...

World - The Guardian - 4 days ago

Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood

A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff, experts said.