Opinion
Here’s What Trump’s Treasury Secretary Should Prioritize
The secretary of the US Treasury Department is basically the country’s chief financial officer. As the president’s primary economic adviser, the Treasury secretary is responsible for recommending and carrying out fiscal policy,
Trump Prepares to Name Bessent as Treasury Secretary, Bloomberg Reports
U.S. President-elect Donald Trump is preparing to name Scott Bessent, a longtime hedge fund investor who taught at Yale University for several years, to be his treasury secretary, Bloomberg reported on Friday,
Trump considers Warsh for Treasury Secretary and later Fed chairman, WSJ reports
U.S. President-elect Donald Trump floated the idea of appointing Kevin Warsh as Treasury Secretary on the understanding that he could later be Federal Reserve chair, the Wall Street Journal reported on Thursday,
Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar
Scott Bessent, the veteran hedge fund manager who Donald Trump picked to become the next Treasury secretary, wants tariffs, a shadow chair for the Federal Reserve and maybe a weaker dollar.
Trump chooses Bessent for treasury secretary, Vought for budget director
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.
Trump chooses Bessent to be Treasury secretary and 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 also said he would nominate Russel Vought to lead the Office of Management and Budget,
Trump nominates Bessent to lead US Treasury in flurry of announcements
On the campaign trail, he told voters that Trump would usher in a "new golden age with de-regulation, low-cost energy, [and] low taxes". If Bessent is confirmed by the Senate, he would almost immediately be plunged into the fight in Washington over extending the tax cuts from Trump's first term.
Trump’s $100,000 Swiss-Made Watch Is a Slow Seller
Donald Trump is returning to the White House after one of the most remarkable political comebacks in US history. His side ...
Bloomberg L.P.20h
US Debt Load Tops Fed’s Survey of Financial Stability Risks
The US government’s debt load is now seen as the biggest risk to financial stability, outweighing persistent inflation in a ...