5 Financial Moves to Make If Trump's Treasury Pick Takes Office
Scott Bessent's potential appointment as Treasury Secretary under Trump sparks mixed reactions. Learn about the financial moves you should consider and how this choice might impact both Wall Street and Main Street.
Trump's pick for Treasury Secretary is Scott Bessent
Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.
Opinion
Trump’s Treasury Pick Vows to Give Back to the Rich in Bleak Hearing
Scott Bessent, Donald Trump’s nominee for treasury secretary, made it clear during his confirmation hearing Thursday that he’s only interested in protecting the interests of the rich and powerful. The hedge fund manager with a net worth of at least $500 million repeatedly spiked down questions about whether he would support working-class priorities.
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
The fund manager will face senators at a confirmation hearing on Thursday
Trump's Treasury pick Bessent calls for stronger sanctions on Russia over Ukraine war
President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so.
Treasury sec. nominee Scott Bessent says Trump should not have influence on Federal Reseve
President-elect Donald Trump's pick for treasury secretary, Scott Bessent, says the Fed should stay independent from presidential influence.
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's oil sector.
Treasury secretary nominee Scott Bessent defends Trump position on fossil fuels
Treasury secretary nominee Scott Bessent said the U.S. is in an "energy race" with China during his confirmation hearing.
Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
Bessent: Carbon tariffs could be part of an overall tariff program
President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is ...
What To Know About Scott Bessent: Treasury Pick Will Tout Trump ‘Economic Golden Age’ In Confirmation Hearing
Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the ...
Evening Report — Democrats take ‘class war’ to Trump’s Cabinet picks
Rudy Giuliani’s surprise settlement{beacon} Evening Report © Greg NashTrump Cabinet picks’ wealth draws Dem scrutiny DEMOCRATS ARE TAKING AIM at the accumulated wealth of ...
Bloomberg Daybreak Europe: Israel & Hamas Finalize Ceasefire, China Hits Growth Target, and Nigel Farage speaks to Bloomberg
Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
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'Just A Good Person': Lindsey Graham Offers Glowing Praise To Scott Bessent During Hearing
During the confirmation hearing for Scott Bessent in the Senate this week, Senator Lindsey Graham offered glowing praise to nominee Scott Bessent during his introduction.
5 things to know before the stock market opens Thursday
— CNBC's Hakyung Kim, Lisa Kailai Han, Sara Min, Natasha Turak, Christina Wilkie, Ruxandra Iordache, Melissa Repko, Jonathan ...