Hedge fund manager Scott Bessent had been the betting favorite to take the reins at Treasury. Scott Turner, a former ...

Donald Trump made a flurry of moves to fill the ranks of his incoming administration, with key Cabinet picks still to face confirmation hearings in the Senate. Follow for live updates.

WASHINGTON: US President-elect Donald Trump on Friday (Nov 22) named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts ...