Scott Bessent has a presumptive spot in Donald Trump‘s cabinet when he takes office. After the Republican nominated Bessent to be the new U.S. Secretary of the Treasury, voters were eager to ...

Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they actually were. Every Republican president since has used (and abused) a famous ...

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was ...