President-elect Donald Trump has picked Scott Bessent, a hedge fund manager and major Trump fundraiser, to be his next Treasury secretary, people familiar with the decision said. Bessent, who has been among Trump’s biggest allies on Wall Street,

By Lawrence Delevingne and Carolina Mandl BOSTON/NEW YORK (Reuters) -As a money manager, Scott Bessent's years of inconsistent performance have contributed to a nearly 90% decline in his hedge fund's assets.

Bessent spotted what he called an anomaly in the market: that political and market analysts were too negative on what a Trump victory would mean, according to a letter to clients in January seen by Reuters.

Thune currently at Mar-a-Lago meeting with Trump amid Gaetz fallout: Sources. Sen. John Thune, the incoming Republican leader, is currently at Trump's Mar-a-L

Chris Hayes breaks down Matt Gaetz withdrawing as Trump’s attorney general pick just eight days after he was announced—and the proof that political gravity still exists. Plus, Trump’s new choice for attorney general: former Florida AG Pam Bondi.