5 Financial Moves to Make If Trump's Treasury Pick Takes Office
Scott Bessent's potential appointment as Treasury Secretary under Trump sparks mixed reactions. Learn about the financial moves you should consider and how this choice might impact both Wall Street and Main Street.
Opinion
Trump’s Treasury Pick Vows to Give Back to the Rich in Bleak Hearing
Scott Bessent, Donald Trump’s nominee for treasury secretary, made it clear during his confirmation hearing Thursday that he’s only interested in protecting the interests of the rich and powerful. The hedge fund manager with a net worth of at least $500 million repeatedly spiked down questions about whether he would support working-class priorities.
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
The fund manager will face senators at a confirmation hearing on Thursday
What Trump’s Treasury Pick Might Get Asked Today
Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.
Trump's Treasury pick Bessent calls for stronger sanctions on Russia over Ukraine war
President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so.
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
U.S. senators questioning President-elect Donald Trump's nominee for Treasury Secretary, Scott Bessent, didn't spend much time on cryptocurrency
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
Trump Treasury Pick Says China’s Economy Is in Recession
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression.
Morning Report — Treasury choice touts Trumponomics
Treasury nominee Bessent a shoo-in Trump’s foreign policy steps into unstable world Gaza truce back on track Inauguration Day ...
Investors rejoice at Scott Bessent confirmation testimony
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
Bessent: Carbon tariffs could be part of an overall tariff program
President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is ...
Evening Report — Democrats take ‘class war’ to Trump’s Cabinet picks
Rudy Giuliani’s surprise settlement{beacon} Evening Report © Greg NashTrump Cabinet picks’ wealth draws Dem scrutiny DEMOCRATS ARE TAKING AIM at the accumulated wealth of ...
Bloomberg Daybreak Europe: Israel & Hamas Finalize Ceasefire, China Hits Growth Target, and Nigel Farage speaks to Bloomberg
Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.
Trump nominees Burgum, Bessent and other picks sit for Senate confirmation hearings
President-elect Donald Trump's picks for the Treasury, Housing and Urban Development and Interior departments, along with the ...
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'Just A Good Person': Lindsey Graham Offers Glowing Praise To Scott Bessent During Hearing
During the confirmation hearing for Scott Bessent in the Senate this week, Senator Lindsey Graham offered glowing praise to nominee Scott Bessent during his introduction.
5 things to know before the stock market opens Thursday
— CNBC's Hakyung Kim, Lisa Kailai Han, Sara Min, Natasha Turak, Christina Wilkie, Ruxandra Iordache, Melissa Repko, Jonathan ...