Scott Bessent’s net worth: From hedge fund chief to US Treasury Secretary
Scott Bessent built a career managing billions of dollars, and he now serves as Treasury Secretary. Here’s how much he’s worth in 2025 and what types of assets he owns.
Senate confirms Scott Bessent as Treasury secretary
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ambitious economic agenda.
Balance of Power: Treasury Secretary Scott Bessent on DOGE, Dollar, Fed
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill
DOGE has saved around $50 billion: Treasury Secretary Scott Bessent
The Department of Government Efficiency has saved the government approximately $50 billion, Treasury Secretary Scott Bessent said. Bessent sat down with Fox News for an extended interview that aired on Tuesday evening,
Senate Confirms Scott Bessent as Trump’s Treasury Secretary
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
US Treasury Secretary Backs Out of G20 Summit, Sparking Criticism
The decision has raised eyebrows, as G20 meetings serve as a key forum for discussions among finance ministers and central bank governors from the world’s largest economies. Sources told Reuters that member countries were informed of Bessent’s decision,
U.S. Treasury Secretary Scott Bessent to Skip G20 Meeting Amid Washington Obligations
U.S. Treasury Secretary Scott Bessent announced on X that he will miss next weeks G20 finance ministers and central bank governors meeting in Cape Town due to obligations in Washington. A senior official will attend in
Treasury Sec. Scott Bessent leaves powerful two-word message in Irish airport's welcome book
U.S. Treasury Secretary Scott Bessent, while making a stop in Ireland on his way back from Ukraine, signed the airport ...
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China trade envoy raises "serious concerns" with US Treasury Secretary Bessent in first talk
US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues ...
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Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts
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 ...
Trump designed a 'win-win' situation for the US and Ukraine, says Treasury Secretary Bessent
Treasury Secretary Scott Bessent discusses his meeting with Ukrainian President Volodomyr Zelenskyy, the state of the United ...
China's Vice-Premier He, US Treasury's Bessent spar over tariffs, 'economic imbalances'
China's Vice-Premier He Lifeng held a video call with US Treasury Secretary Scott Bessent on Friday, expressing "serious concerns" regarding the recent imposition of tariffs and other restrictive ...
U.S. Treasury is ‘long way’ from stepping up sales of longer-term debt, Bessent says
The U.S. Treasury Department won’t be increasing the level of longer-term Treasurys in government debt issuance in the near ...
US Treasury's Bessent meets with Hungarian foreign minister on shared priorities
U.S. Treasury Secretary Scott Bessent met on Wednesday with Hungary's Foreign Minister Peter Szijjarto to discuss shared ...