On January 28, 2025, Scott Bessent was sworn in as the 79th Secretary of the Treasury of the United States.As Secretary, Mr. Bessent is responsible for the U.S. Treasury’s wide-ranging mission to maintain a strong economy, foster economic growth and create job opportunities for all Americans by promoting the conditions that enable prosperity at home and abroad as well as managing the U.S ...

Scott Kenneth Homer Bessent (/ ˈ b ɛ s ən t / BESS-ənt; born August 21, 1962) is an American investor and hedge fund manager who has served since 2025 as the 79th United States secretary of the treasury. [1] He was a partner at Soros Fund Management and the founder of Key Square Group, a global macro investment firm. [2] [3] Bessent is the …

18 hours ago · President Trump has put Treasury Secretary Scott Bessent in charge of the Consumer Financial Protection Bureau on an acting basis. Two days after firing Rohit Chopra, who was nominated by former ...

Jan 27, 2025 · WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.. He cleared the Senate roll call with bipartisan support, in a …

Jan 27, 2025 · The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ...

Nov 23, 2024 · President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary.

Jan 27, 2025 · Mr. Bessent, who formerly worked as the top investor for the liberal philanthropist George Soros, has been a major Republican donor and adviser to President Trump. As secretary of the Treasury, he ...

Nov 23, 2024 · President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.

Nov 23, 2024 · As Treasury secretary, Mr. Bessent would work to steer tax cuts through Congress, lead trade negotiations with China and help cull federal regulations that Mr. Trump believes are stifling the...

Jan 16, 2025 · Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the first Senate-approved LGBTQ+ member in a Republican cabinet.