Trump chooses Bessent to be treasury secretary, Vought

Here’s what Trump’s pick of Scott Bessent for Treasury secretary means for taxes, interest rates and more
With Scott Bessent, consumers eyeing prices and interest rates are getting a Treasury secretary pick who is deeply aware of the big-picture forces pushing and pulling those everyday costs, experts say.
Treasury secretary nominee Scott Bessent's '3-3-3' plan: What to know
President-elect Trump's nominee to serve as Treasury secretary, Scott Bessent, has a 3-3-3 plan that aims to curb budget deficits while spurring economic growth and energy production.
Who is Scott Bessent? What you need to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Who Is Scott Bessent? Donald Trump's Nominee for Treasury Secretary
Bessent was once described as the "protege" of billionaire George Soros, who he worked for over the course of decades.
Trump names billionaire Scott Bessent as Treasury secretary pick
President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Scott Bessent May Rue the Day He Became U.S. Treasury Secretary
Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, and navigating a thorny relationship with the Federal Reserve.
What Scott Bessent's Treasury Secretary Nomination Means for Investors
Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.
Trump picks Scott Bessent to serve as treasury secretary
If confirmed, Bessent will be tasked with implementing any tax cuts a Republican-controlled Congress may pursue.
Trump Nominates Scott Bessent for Treasury Secretary
"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said in a statement emailed to Newsweek. "Scott is widely respected as one of the World's foremost International Investors and Geopolitical and Economic Strategists. Scott's story is that of the American Dream."
Who Is Scott Bessent? Wall Street Is Delighted by Trump’s Treasury Pick
When Donald Trump announced Friday that hedge fund manager Scott Bessent was his pick for Treasury secretary, there was a massive sigh of relief from the markets, with the yield on the 10-year Treasury falling sharply (a sign that investors think Bessent will help keep inflation cool) and the stock market getting a little bump.
Scott Bessent’s Husband: Is the Billionaire Secretary of Treasury Nominee Married?
Donald Trump nominated Bessent to be the new U.S. Secretary of the Treasury. Learn more about his personal life, including ...
What to know about Scott Bessent, Trump's pick for Treasury secretary
From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if ...