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 …

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 first openly gay treasury secretary …

Jan 28, 2025 · WASHINGTON – Scott Bessent was sworn in as the 79th Secretary of the Treasury by Supreme Court Justice Brett M. Kavanaugh on January 28, 2025. Shortly following the ceremony, Mr. Bessent was welcomed at the doors of the U.S. Treasury at 1500 Pennsylvania Avenue by department employees.

4 days 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 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.

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 68 …

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 · The Senate voted 68-29 Monday to confirm Scott Bessent to lead the Treasury Department.. Why it matters: A financier focused on global macroeconomics, Bessent will play a key role in shepherding administration efforts to extend the 2017 tax cuts and will be an influential voice on trade policy as Trump seeks to impose higher tariffs on U.S. imports. ...

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 named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.

Nov 26, 2024 · Three decades before he was tapped to lead the Treasury Department, Scott Bessent was asked to help break another country’s financial system. Then 29 years old, Mr. Bessent, working for the...

Jan 28, 2025 · WASHINGTON — 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 ...

Nov 25, 2024 · Hedge fund executive Scott Bessent survived an internal squabble over the role of Treasury secretary, a key position that will face almost immediate deadlines and pressures.

Nov 23, 2024 · President-elect Trump selected billionaire investor Scott Bessent to lead the Treasury Department on Friday as the former president continues to call for an increase in tariffs and...

Jan 27, 2025 · The Senate confirmed on Monday Scott Bessent, a Wall Street veteran and campaign ally of President Donald Trump, as treasury secretary, one of the highest-profile cabinet posts. Bessent won...

Jan 28, 2025 · The Senate on Monday confirmed billionaire hedge fund manager and investor Scott Bessent as President Trump’s Treasury secretary, making him the highest-ranking LGBTQ official in the nation’s ...

Nov 23, 2024 · Scott Bessent, Donald Trump's pick for Treasury Secretary, was an economic advisor during his campaign and championed an agenda of tariffs, lower taxes, and deregulation. Bessent is a hedge fund...

Nov 22, 2024 · President-elect Trump will nominate Scott Bessent, a financier focused on global macroeconomics, as his Treasury secretary, which would make him the incoming administration's top economic official.

4 days ago · – On January 31, 2025, President Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial Protection Bureau (CFPB). “I look forward to working with the CFPB to advance President Trump’s agenda to lower costs for the American people and accelerate economic growth,” said Secretary Bessent.

Jan 28, 2025 · Left: Scott Bessent, President-elect Donald Trump's nominee to be secretary of treasury, speaks as he testifies during a Senate Committee on Finance confirmation hearing on Capitol Hill in ...

3 days ago · Scott Bessent, who was confirmed as Treasury Secretary last week, has been named acting director of the Consumer Financial Protection Bureau. Bessent replaces Rohit Chopra, who was fired on Saturday. In an internal email shared with NPR, staff were instructed to immediately cease much of the bureau ...

13 hours ago · WASHINGTON - Treasury Secretary Scott Bessent on Wednesday signaled that the White House wants Trump's tax cut package from 2017 to be extended permanently before their expiration this year, rather than a temporary extension.. Bessent appeared on FOX Business Network's "Kudlow" for an exclusive interview with host Larry Kudlow and addressed reports …

Nov 22, 2024 · WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary. Bessent...

6 days ago · The highest-ranking Democrat on the Senate Finance Committee, Ron Wyden of Oregon, on Friday sent a letter to Trump’s Treasury Secretary Scott Bessent expressing concern that “officials ...

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...