Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

The new Treasury secretary has criticized a borrowing strategy that helped calm markets.

Wall Street investor Scott Bessent was confirmed as the next Treasury secretary by the Senate on Monday. Bessent is a wealthy hedge fund manager who's seen as a business-friendly choice. He was ...

Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.

Jan. 27 (UPI) --The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and ...

Treasury Secretary designee Scott Bessent’s nomination advanced past ... respected as one of the world’s foremost international investors and geopolitical and economic strategists.” ...