From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if contradictory Wall Street experience.
In a hearing before the Senate Commerce Committee, Howard Lutnick was asked about an array of policy matters including tariffs, China, inflation, and more.
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
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.
Mr Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of the president.
Treasury Secretary designee Scott Bessent’s nomination advanced past ... between choosing Bessent or Cantor Fitzgerald chairman Howard Lutnick for Treasury. Trump ultimately landed on Bessent ...
WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve ... billionaire investor John Paulson and Howard Lutnick, whom Trump tapped for commerce secretary.
Video below: Scott Bessent sounds alarm on deficit during ... He also mulled over billionaire investors John Paulson and Howard Lutnick, whom Trump tapped as his nominee for commerce secretary.
President-elect Trump meets with Scott Turner, his nominee to lead HUD ... Still, nothing is assured. After Bessent spent a year restoring the 1939 Miami villa with a loggia and clay tile roof ...
The Senate confirmed on Monday Scott Bessent ... by the "knife fight" jockeying between Bessent and Cantor Fitzgerald chief executive Howard Lutnick over the position, The New York Times reported ...
Will the Senate GOP confirm controversial picks like Tulsi Gabbard and RFK Jr.? Here’s the hearings schedule and list of who’s been confirmed.