The Senate voted to confirm investor and billionaire hedge fund manager Scott Bessent to serve as President Donald Trump’s Treasury

An armed man arrested at the U.S. Capitol said he planned to kill Treasury Secretary Scott Bessent and Secretary of Defense Pete Hegseth.

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

Former hedge fund manager Scott Bessent was confirmed yesterday in the Senate as the new Treasury Secretary. The 62-year-old Tr*mp nominee becomes the first out-gay man to hold the position. He’s also the highest-ranking LGBTQ+ official in US history. The Treasury Secretary is fifth-in-line to the Presidency.

In a mostly bipartisan vote, the Senate confirmed Scott Bessent as Treasury secretary on Monday, solidifying his role to advance Trump’s economic agenda.

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and tariffs.

Scott Bessent has been an outspoken advocate for digital assets and hopes to being more regulatory clarity and crypto-favourable policies.

Many hedge funds endured difficult times in the years following the financial crisis, and a number of prominent names shut down and became family offices, like Duquesne Capital, founded by Stanley Druckenmiller, another Soros alum; “big short” John Paulson’s eponymous Paulson & Co.; and Tiger Cub John Griffin’s Blue Ridge Capital.

WASHINGTON D.C. (WSAU) – New details are being made public surrounding the man accused of traveling to the nation’s capitol earlier this week to kill Treasury Secretary Scott Bessent and Secretary of Defense Pete Hegseth.

The US Senate confirmed Scott Bessent as Treasury Secretary. He faces balancing tax cuts with deficit control and crafting a tariff strategy, becoming the first openly gay person in the role.