Bessent is the founder of the hedge fund Key Square Management, which Forbes reports had less than $600 million in assets as of the end of 2023. The South Carolina native and Yale graduate is a member ...

Out billionaire hedge fund manager Scott Bessent will be nominated by Donald Trump to be secretary of the treasury. If confirmed, he will be the first out LGBTQ+ Cabinet secretary ever nominated by a ...

U.S. President Joe Biden and President-elect Donald Trump have yet to start the formal transition process between ...

The U.S. House of Representatives has passed a bill that would empower the Treasury Department to eliminate the tax-exempt ...

The United States is closing out the year with a lot of red ink as the national debt surpassed $36T for the first time.

With breakneck speed, President-elect Trump has nominated nearly all the people he wants for his next administration.

Republican Rep. Lori Chavez-DeRemer of Oregon has been tapped to sit at the Cabinet table as a pro-union labor secretary ...

President-elect Donald Trump has selected television personalities, former Democrats, a wrestling executive and traditional ...

President-elect Donald Trump's dog's breakfast of nominees amounts to a nastily extended middle finger to the conservatives he is jilting in favor of left-wing loons.

Donald Trump's staff choices will ensure he faces less internal pushback on his aggressive economic policies, such as tariff ...

Sanctions Programs Will Intensify in Key Jurisdictions with the Potential to Relax in Others: The new Trump Administration is expected to tighten restrictions on Iran, Venezuela and Cuba, while Russia ...