When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a ...

CNBC’s Jim Cramer said investors demonstrated a belief that hedge fund manager Scott Bessent will be a prudent force as ...

Hedge fund executive Bessent will be Trump’s primary conduit to Wall Street investors who are skeptical of the ...

Investors are “appreciative” of Trump’s nomination of the “business-as-usual” Bessent as Treasury secretary, remarked one ...

After a messy, public competition between hopefuls, President-elect Donald Trump nominated hedge fund manager Scott Bessent ...

U.S. stock markets saw gains on Monday following President-elect Donald Trump's nomination of Scott Bessent for Treasury.

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect ...

Investors like Scott Bessent because, as a hedge fund founder, he brings to the job an understanding of Wall Street and is ...

The choice of hedge fund manager Scott Bessent came after a public battle among Trump supporters over who should be the new ...

The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will ...

Wall Street has cheered President-elect Trump's selection of Scott Bessent to lead the Treasury because of his moderating ...

Wall Street's main indexes closed higher, spurred by Scott Bessent's U.S. Treasury secretary nomination and potential ...