Bessent Is Stealing a Playbook He Didn’t Even Like

(Bloomberg Opinion) — Before he became President Donald Trump’s Treasury secretary, Scott Bessent openly criticized his predecessor Janet Yellen for issuing more short-dated debt — a move he characterized as fiscally imprudent and at odds with the inflation-fighting goals of the Federal Reserve. Now that he’s in charge, Bessent has continued Yellen’s policies and said … Read more

Billionaire Financier Scott Bessent Confirmed As Donald Trump’s Treasury Chief

Washington, United States: Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump’s economic agenda — which is already triggering global jitters. Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president’s tax … Read more