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

Donald Trump selects Scott Bessent for Treasury Secretary, a crypto advocate, who promises regulatory clarity and blockchain integration.

President-elect Donald Trump has nominated hedge fund manager and crypto enthusiast Scott Bessent for the Treasury Secretary position.

Donald Trump has nominated pro-crypto hedge fund manager Scott Bessent to serve as the next Secretary of the Treasury.

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect Donald Trump has tapped Wall Street’s Scott Bessent to be his next Treasury Secretary.

Donald Trump has nominated Scott Bessent to lead the US Treasury Department, one of the most influential roles in government with wide oversight of tax policy, public debt, international finance and sanctions.

Treasury secretary nominee Scott Bessent's economic plan is in tension with other aspects of President-elect Trump's agenda.

Scott Bessent is stepping out from behind decades of hedge-fund desks into the Treasury Secretary’s office with one goal: to leave his fingerprints on the global economy. President Donald Trump has tapped the 61-year-old economic historian turned hedge-fund manager to take the reins at the Treasury Department.