Cheer Trump’s Treasury

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 - Yesterday

Dow, Russell 2000 hit new records as investors cheer Trump's Treasury pick

A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday.

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'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 - November 18

Trump's Treasury search

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s hunt for Treasury secretary nears end President-elect Trump has been ...

Politics - The Hill - 6 days ago

Trump expands search for Treasury secretary

President-elect’s top economic appointment has kicked off fierce lobbying among loyalists

Business - Financial Times - November 18

Inside the battle to be Trump’s Treasury secretary

Plus, Chinese ambassador to the US struggles to connect with president-elect’s inner circle

World - Financial Times - November 19

Treasury yields are red flag for markets’ Trump euphoria

Markets look through near-term loosening to medium-term picture for inflation and growth

World - Financial Times - November 11

These 2 men are the front-runners to be Trump's new Treasury secretary

Two prominent supporters of President-elect Trump’s campaign have emerged as the front-runners to lead the Treasury Department during his second administration. Trump has reportedly narrowed his ...

Politics - The Hill - November 14

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

The Race to Lead Trump’s Treasury Dept. Is Becoming a Cliffhanger

Howard Lutnick? Scott Bessent? Marc Rowan? Kevin Warsh? The president-elect’s list of candidates has grown longer, clouding the future of the department.

Business - The New York Times - November 18

Where Trump's search for a Treasury secretary stands

President-elect Trump is expanding his search to lead the Treasury Department as the jockeying over who will fill the key economic role has spilled into public view. Investor Scott Bessent appeared ...

Politics - The Hill - November 18

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 - November 19

Trump’s hunt for Treasury secretary down to the wire

The jockeying for President-elect Trump’s pick to run the all-important Treasury Department is coming down to the wire. Trump’s economic team will be tasked with imposing an aggressive tariff ...

Politics - The Hill - 6 days ago

Donald Trump narrows in on Marc Rowan for Treasury secretary

Plus, Lebanon pins its hopes on the father-in-law of the president-elect’s youngest daughter

World - Financial Times - 5 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 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 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

Trump’s Treasury Selection Seen as Calming for Investors

Donald Trump has picked Scott Bessent to serve as Treasury secretary.

Business - Inc. - 3 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.

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

10-year Treasury yield ends at three-month high on expectations for potential sweep by Republicans

Yields on U.S. government debt finished at their highest levels since July and August on Monday, as traders looked ahead toward a week of data on economic growth, inflation and the labor market.

Business - MarketWatch - October 28

10-year Treasury yield posts huge leap to 4.43% on Trump win, possible GOP Congress sweep

The pop for bond yields comes as the Trump win carries expectations that more tax cuts and steep tariffs could widen the fiscal deficit and reignite inflation.

Business - CNBC - November 6

Top Trump fundraiser lines himself up for Treasury secretary role

Billionaire hedge fund manager Scott Bessent canvasses for deputies

World - Financial Times - November 6

Trump election win spurs US stocks to strongest week in a year

S&P 500 breaks through 6,000 for first time

Business - Financial Times - November 8

10-year Treasury yield ends at 4-month high as Trump trade gets revived

Yields on U.S. government debt finished at their highest levels since July on Tuesday as traders clung to expectations that President-elect Donald Trump’s policies will lift economic growth and ...

Business - MarketWatch - November 12

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

Elliott pushes to break up Honeywell after taking $5bn stake

US activist investor wants to split the conglomerate’s aerospace and automation businesses

Business - Financial Times - November 12

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