2 days ago · On January 28, 2025, Scott Bessent was sworn in as the 79th Secretary of the Treasury of the United States.As Secretary, Mr. Bessent is responsible for the U.S. Treasury’s wide-ranging mission to maintain a strong economy, foster economic growth and create job opportunities for all Americans by promoting the conditions that enable prosperity at home and abroad as well as managing the U.S ...

Scott Kenneth Homer Bessent (/ ˈ b ɛ s ən t / BESS-ənt; born August 21, 1962) is an American investor and hedge fund manager who has served as the 79th United States secretary of the treasury since January 28, 2025. [1] He was a partner at Soros Fund Management and the founder of Key Square Group, a global macro investment firm. [2] [3]A major donor, fundraiser, and an economic advisor for ...

2 days ago · Bessent, who is the first openly gay Treasury secretary, said during his confirmation hearing that he was previously turned away from public service opportunities because of his sexual orientation.

2 days ago · WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.. He cleared the Senate roll call with bipartisan support, in …

2 days ago · Item 1 of 2 Scott Bessent, U.S. President-elect Donald Trump’s nominee to be secretary of treasury, testifies during a Senate Finance Committee confirmation hearing on Capitol Hill in Washington ...

1 day ago · Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical to President Donald Trump’s sweeping economic agenda.. Bessent, 62 ...

Nov 23, 2024 · President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary.

3 days ago · Mr. Bessent, who formerly worked as the top investor for the liberal philanthropist George Soros, has been a major Republican donor and adviser to President Trump. As secretary of the Treasury, he ...

Nov 23, 2024 · President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.

2 days ago · The new Treasury head's nomination drew sharp opposition from progressive Democrats, including Sen. Elizabeth Warren, D-Mass., and Sen. Ron Wyden, D-Ore., who both accused Bessent of flouting ...