Scott Bessent, known for his role in the 1992 Bank of England crisis while working with George Soros, has been chosen to lead ...

Taken together, these developments point to a hedge fund industry that is poised to wield unprecedented influence during Trump’s tenure. Whether through key appointments, campaign contributions, or ...

Several high-profile cases show some early limits to the billionaire's influence even as he has emerged as one of the ...

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

Donald Trump has nominated gay billionaire hedge fund executive Scott Bessent as his Secretary of the Treasury ...

US stocks have rocketed to new all-time highs, fuelled by easing geopolitical tensions and a robust 5-year Treasury auction ...

If all of Trump’s choices are confirmed, the Cabinet is set to be less diverse than the preceding Biden administration.

Musk, who has 206 million followers on X, posted or reposted about Trump's cabinet picks more than 70 times between Nov. 7 ...

Trump said in a post on Truth Social that on his first day in office, he would impose a 25% tariff on all products from ...

Trump's promise to impose a 25% tariff on all imports from Canada and Mexico mimics his old strategy of using tariff threats ...

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...

The U.S. dollar shot up after President-elect Donald Trump pledged that he would slap steep tariffs on Mexico, Canada, and China soon after taking office.