The Treasury and Labor officials will work with HHS officials on everything from drug costs to surprise billing.

They could affect the pharmacy benefit manager wars and patients' surprise bills, but their current focus is on other topics.

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 ...

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

When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a ...

Let the banks be banks.” Wells Fargo’s stock has increased 20% since the election. Bessent rose to fame in the 1990s, when he ...

Matt Gaetz has withdrawn from consideration as attorney general and was replaced by Pam Bondi, as Trump names RFK Jr., Pete ...

Read here for a discussion of Trump's Treasury nominee's grim view of market bubbles, blames on Fed, advocates for reforms, ...

Donald Trump’s pick for Treasury secretary has been a fierce defender of his activist approach to trade.

The U.S. dollar climbed against major currencies following President-elect Trump's announcement of a 25% tariff on goods from ...

Scott Bessent is a hedge fund manager who investors believe will balance Trump's economic promises with fiscal reality as ...

President-elect Trump continues to round out his Cabinet, including some key economic appointments. He's chosen billionaire ...