Bessent Related Topics

Scott Bessent, the billionaire hedge fund manager whom President-elect Donald J. Trump picked to be his Treasury secretary, plans to divest from dozens of funds, trusts and investments in preparation to become the nation’s top economic policymaker.

A capitalist with a soft spot for royalty. A deep-rooted Southerner with a fondness for stylish New York locales. A gay man, married with children, who has embraced a Republican Party that has sometimes vilified elements, and individuals, of the L.G

ImageImage Stocks and bonds are gaining on Monday, as investors seem to cheer the pick of Scott Bessent to run the Treasury Department.Credit...Dominic Gwinn/Middle East Images/AFP via Getty ImagesA steady hand Stocks and bonds are rising on Monday,