Latest in Treasury Pick Interfere
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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 - November 23 -
Trump nominates Bessent to lead US Treasury in flurry of announcements
He also announces nominees for labour secretary, housing secretary and surgeon general.Top stories - BBC News - November 23 -
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 ...Top stories - NBC News - November 22 -
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.Top stories - CBS News - November 22 -
Trump’s Treasury Selection Seen as Calming for Investors
Donald Trump has picked Scott Bessent to serve as Treasury secretary.Business - Inc. - 6 days ago -
How Scott Bessent won the Treasury secretary battle
Plus, what Trump means for Nato and the future of EuropeWorld - Financial Times - 4 days ago -
Trump’s Treasury nominee faces a tough balancing act
Bessent’s reputation is that he is a “fiscal hawk,” and his stated goal is to cut the federal budget deficit roughly in half to 3 percent of GDP.Politics - The Hill - 23 hours ago -
Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high
Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.Business - MarketWatch - November 1 -
10-year Treasury yield ends lower after strong auction as investors await election results
Long-dated Treasury yields erased their rise to end lower Tuesday following an auction of 10-year notes that met solid demand as investors awaited the outcome of the U.S. presidential election.Business - MarketWatch - November 5 -
UK Treasury breached legal duty by failing to reveal overspend, says watchdog
OBR chair says relationship with finance ministry moving to ‘system of trust but verify’Business - Financial Times - November 5 -
Treasury should have told us about overspend by law, says OBR
Richard Hughes, chair of the Office for Budget Responsibility, says officials have questions to answer as to why details of an overspend were not shared.Top stories - BBC News - November 5 -
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 deputiesWorld - Financial Times - November 6