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The Latest Breaking News from Scott Bessent

Trump Names Hedge Fund Manager Scott Bessent As Treasury Chief

US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.

International Business Times

Trump picks hedge-fund investor Scott Bessent for treasury secretary

Job is one of most powerful in Washington with huge influence over US economy and financial markets

The Guardian - US

Donald Trump Offers Treasury Secretary Role To Scott Bessent

President-elect Trump offers hedge fund manager Scott Bessent treasury secretary position, highlighting his financial expertise.

Top News

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Hedge funder Bessent gets Trump blessing for Treasury - Roll Call

President-elect Donald Trump said Friday he would nominate hedge fund manager Scott Bessent to be Treasury secretary in his second term.

Roll Call

Trump is thinking about former Fed governor Kevin Warsh to be his Treasury secretary—and to replace Jerome Powell

The two discussed the matter this week at Mar-a-Lago, according to the Wall Street Journal.

Fortune

Trump Eyes Kevin Warsh For Next Treasury Secretary, Potential Fed Chair Role: Report

Donald Trump is considering Kevin Warsh to become the next Treasury Secretary under his term.

International Business Times

Trump taps billionaire CEO Lutnick, wrestling mogul McMahon and TV’s Dr Oz

US president-elect names picks for commerce secretary, education secretary, and Medicare and Medicaid administrator.

Al Jazeera

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What to know about Howard Lutnick, Trump's pick for commerce secretary

President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary

The Independent UK

Trump picks Howard Lutnick as commerce secretary

Billionaire founder of financial firm Cantor Fitzgerald was one of president-elect’s biggest fundraisers

The Guardian - US

Trump's Treasury Secretary Choice Signals Tariff Strategy

Trump's treasury secretary pick will influence tariff policies, affecting economy and businesses.

Top News

Trump debates Treasury Department pick

Candidates are expected to meet for interviews at Trump’s Mar-a-Lago residence this week

Salon

Trump staffers reportedly worry Elon Musk is acting as a 'co-president'

Musk's post on X appears to put pressure on Trump.

Fortune

Is Messy Public Fight Over Trump's Treasury Chief First Sign Of Discord With Musk?

Musk publicly backed Howard Lutnick's possible nomination after Trump allegedly cooled on picking him.

International Business Times

Trump throws two more names into ring for treasury secretary after Musk’s favorite annoyed him

Howard Lutnick appears to have fallen down the pecking order for the cabinet role, according to sources

The Independent UK

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International Business Times

Howard Lutnick's Trump Treasury Secretary Chances Rise On Polymarket After Musk, RFK Jr. Commendations

Cantor Fitzgerald CEO Howard Lutnick is fast becoming a popular name in talks regarding Donald Trump's Treasury Secretary pick, and while Scott Bessent is still leading on Polymarket, Lutnick is gaining traction after commendations from Elon Musk, RFK Jr. and David Bailey.

The Guardian - AU

Matt Gaetz ‘paid for sex’, says lawyer for two women who testified to House committee – as it happened

This live coverage has ended. Thanks for following along. You can read our full story on the latest allegations against Matt Gaetz below:

Fortune

Wall Street may now have to take Trump literally as the battle for Treasury secretary focuses on a centerpiece campaign pledge

Trump's advisers are seeking assurances from the top Treasury candidates that they are committed to his aggressive tariffs, sources told the FT.

The Independent UK

Elon Musk wants this man to be Donald Trump’s Treasury secretary

One candidate has near-constant access to the president-elect. Will that give him the edge he needs?

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International Business Times

Musk Jumps Into Treasury Secretary Fray, Pushes Disrupter Howard Lutnick

Frontrunner Scott Bessent is widely seen to have the support of Wall Street insiders

The Guardian - US

Musk publicly supports Lutnick for treasury secretary as Trump considers pick

Musk’s comments on X supporting candidate comes amid anxiety over entrepreneur’s proximity to Trump

The Independent UK

Trump names fossil fuel executive Chris Wright as energy secretary

President-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive, to serve as energy secretary after his second administration begins in January

International Business Times

Fox Business Host Larry Kudlow Won't Be Joining Trump's Cabinet: Report

Kudlow, who served as president-elect's National Economic Adviser last time around, told Trump team he won't be returning to goverment

Top News

Trump Administration Yet To Decide On Treasury Secretary Appointment

Trump Administration's search for Treasury secretary intensifies with Lutnick and Bessent as top contenders.

Fortune

Polymarket users are betting on Scott Bessent to be Trump’s treasury secretary

The prediction market puts Bessent’s odds of getting the nod at 67%.

Fortune

Billionaire investor John Paulson shies away from Trump's Treasury due to 'complex financial obligations'

Hedge funder won’t lead Treasury although Trump has called him a “money machine.”

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