President-elect Donald Trump has nominated Scott Bessent, a hedge fund manager and his longtime economic advisor, for the position of Treasury Secretary. If confirmed, Bessent, who is married to former New York City prosecutor John Freeman,

The Treasury Secretary is a high-level Cabinet position charged with advising the president on matters related to financial, economic and tax policy.

President-elect Donald Trump picked billionaire hedge fund manager Scott Bessent as his choice for the secretary of the United States Treasury.

Donald Trump’s choice for Treasury secretary made a bold forecast when he and his husband put their iconic pink mansion on the market eight days before the election. Bessent, a hedge fund manager who is one of Trump’s closest economic advisers,

Key Square Group founder Scott Bessent speaks at a campaign event for Republican presidential nominee and former U.S. President Donald Trump in Asheville, North Carolina, U.S. August 14, 2024. REUTERS/Jonathan Drake/File Photo/File Photo (Reuters) - President-elect Donald Trump's nominee for U.

The selection of Scott Bessent as the next Treasury Secretary has fueled a rally in currencies around the world, as traders trim bets that the return of Donald Trump will send tremors throughout global markets.

Bessent, founder and CEO of hedge fund Key Square Group, served as an economic adviser to the Trump campaign, often appearing on financial talk shows to argue in favor of the president-elect's economic policies.