He Helped ‘Break’ the Bank of England. Now He May Run the U.S. Treasury.
Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad ...
Drug cartel reeling in huge profits with illegal fishing of red snapper in the Gulf of Mexico, U.S. says
The cartel allegedly uses fishing boats to smuggle drugs and migrants — and catch tons of red snapper, a commercially ...
US sanctions more allies of Maduro over alleged post-election crackdown in Venezuela
The United States has imposed sanctions on an additional 21 allies of Venezuelan President Nicolás Maduro, accusing them of ...
Trump picks Scott Bessent for treasury as he announces flurry of cabinet picks
President-elect announced nominations to lead several departments and agencies as he continues to staff his next ...
Putting the Department of Education to work — if Trump can’t abolish it
On the campaign trail, President-elect Donald Trump promised to abolish the U.S. Department of Education. He made the same ...
The Bessent Bounce — Markets Cheer Trump’s Treasury Pick
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic ...
Analysis: In Trump Cabinet, many ideologies behind veil of ‘America First’
There are at least three distinct factions and a range of ideologies, barely suppressed to get through the rigors of the ...
US Treasury under Trump could take a different approach to Tornado Cash
After a court decision favoring Tornado Cash users, many are speculating how the US Treasury Department under Donald Trump ...
Republican Bill To End The Department Of Education Introduced
A Republican congressman has introduced a bill to eliminate the Department of Education, which was one of President-Elect ...
FACT CHECK: Yes, The United States Sends Ukraine Money
A post shared on X claims that the United States does not send money to Ukraine. Verdict: Misleading The U.S. does send money ...
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Hedge fund chief and tariff fan Scott Bessent to lead Treasury under Trump
Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member ...