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Search results for: "Scott Bessent". 35 articles found.
The 62-year-old treasury nominee has spent his career in finance, and made a big bet on Trump winning the election Trump picks Scott Bessent for treasury secretary Investor Scott Bessent has been nominated by Donald Trump to serve as treasury secretary. The billionaire hedge fund manager has spent his career in finance and the nomination for this post has been one of the most anticipated in recent days. Here are five things to know about the person who could have vast influence over economic, regulatory...
President-elect Trump is having a busy night filling out his administration. After announcing Scott Bessent as his nominee to be treasury secretary , Trump made a flurry of other picks, per the AP : Labor: Trump picked Rep. Lori Chavez-DeRemer, an Oregon Republican, as his labor secretary. "I look forward to working...
President-elect Donald Trump on Friday announced hedge fund manager Scott Bessent as his choice for treasury secretary and first-term official Russell Vought to head the Office of Management and Budget.
Matt Gaetz has withdrawn from consideration as attorney general and was replaced by Pam Bondi, as Trump plans to make RFK Jr. his secretary of health and human services and Pete Hegseth his defense secretary, while placing Tulsi Gabbard, Kristi Noem and Stephen Miller in other key posts.
Bessent was once described as the "protege" of billionaire George Soros, who he worked for over the course of decades.
President-elect Donald Trump has announced several selections to his cabinet including Scott Bessent as treasury secretary and Lori Chavez-Deremer as labor secretary. NBC News' Aaron Gilchrist has more on the choices and what this will mean for the Trump administration.
Howard Lutnick and Scott Bessent, commerce and Treasury nominees respectively, are sure to ignore economist's warnings and follow Trump's lead Certain events happen during every presidential campaign. The parties crown their candidates. The candidates debate on live TV, with millions watching. Tens of millions heads to the polls. And at some point in this process, Jamie Dimon will be tipped as the next Treasury secretary. Sure enough, the veteran boss of JPMorgan Chase Wall Street's...
ABC News - 3 hours 9 min agoPresident-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary...
NPR - 3 hours 16 min agoTrump plans to nominate hedge fund manager Scott Bessent to serve as Treasury Secretary. He'll be tasked with moving big parts of the incoming president's agenda, including tax cuts and tariffs.
President-elect Trump announced Friday that he'll nominate former George Soros money manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary. Trump also said he would nominate Russel Vought to lead the Office of Management and Budget, a position Vought held during Trump's first presidency....
ABC News - 3 hours 41 min agoPresident-elect Donald Trump has chosen Republican U.S. Rep. Lori Chavez-DeRemer as his nominee to lead the Labor Department...
ABC News - 3 hours 50 min agoTrump says he will nominate former George Soros money manager Scott Bessent to lead the Treasury Department...
Donald Trump chooses Scott Bessent to be Treasury secretary and Ruseel Vought as top budget official
President-elect Donald Trump announced Friday that he'll nominate former George Soros money manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary.
Trump touted Bessent as having "long been a strong advocate of the America First Agenda."...
ABC News - 4 hours 5 min agoPresident-elect Donald Trump has chosen former George Soros money manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary...
President-elect Trump's new pick for attorney general, Pam Bondi, is a longtime ally who helped him amplify claims of 2020 election interference. She is a former Florida attorney general. Late today Trump named Scott Bessent, a billionaire hedge fund manager as his pick for Treasury secretary. NBC News Gabe Gutierrez reports.
It ends what has proven to be one of the more protracted decisions for the president-elect as he assembles his team.
Boston Herald - 4 hours 12 min agoIf confirmed by the Senate, Bessent would be the nation's first openly gay treasury secretary.
NPR - 4 hours 15 min agoPresident-elect Trump nominated Bessent, a former prot g of George Soros to be his next treasury secretary.
Quartz - 4 hours 26 min agoPresident-elect Donald Trump has tapped former Soros Fund Management chief investment officer Scott Bessent as his next Treasury Secretary, according to multiple reports. Read more...
Scott Bessent, the founder of the investment firm Key Square Capital Management, has emerged as a central economic adviser to President-elect Donald J. Trump over the past year.
Matt Gaetz has withdrawn from consideration as attorney general and was replaced by Pam Bondi, as Trump plans to make RFK Jr. his secretary of health and human services and Pete Hegseth his defense secretary, while placing Tulsi Gabbard, Kristi Noem and Stephen Miller in other key posts.
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.
President-elect Donald Trump has tapped Scott Bessent, a key campaign fundraiser, as his pick for Treasury secretary. If confirmed, Bessent will oversee fiscal policies amid ongoing concerns about inflation, a major issue for voters in the recent election.
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