President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to ...

Bessent has been a major donor to Trump, giving $1 million to the Republican candidate for his 2016 inauguration.

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Bessent has been openly in favor of a strong dollar and has supported tariffs, suggesting any pullback in the currency might ...

U.S. Treasury yields were lower on Monday as investors weighed President-elect Donald Trump's Treasury secretary pick, and awaited a key inflation reading.

U.S. stocks rose, with those benefiting the most from lower interest rates and a stronger economy leading the way ...