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 managing the U.S ...

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 …

1 day ago · Mr Bessent said Mr Trump was pursuing different strategies with different tariffs, noting that recent tariff threats against Colombia, Mexico and Canada were aimed at ensuring action by those ...

Jan 28, 2025 · Scott Bessent during a Senate Finance Committee confirmation hearing in Washington on Jan. 16, 2025. ... He has threatened a potential 25% levy on all goods from allies like Canada and Mexico and ...

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.

Jan 27, 2025 · [1/2] Scott Bessent, U.S. President-elect Donald Trump’s nominee to be secretary of treasury, ... United States category Trump pauses tariffs on Mexico and Canada, but not China 1:27 AM UTC.

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. ...

Nov 26, 2024 · Bessent’s camp shared documents showing that his hedge fund, Key Square Management, had stellar returns during the pandemic to bolster the case that the billionaire had the skills to navigate...

Nov 26, 2024 · During his first term, Trump threatened tariffs while renegotiating trade with Mexico and Canada. Now, his promise to slap a 25% tariff on all imports from the countries strikes a similar chord....

Nov 25, 2024 · The Mexican Peso is up over half a percent against the US Dollar (USD) on Monday after President-elect Donald Trump announced hedge-fund manager Scott Bessent as the US’s new Treasury...