Scott Bessent, the Treasury Secretary, has been tapped by President Trump to be acting director of the Consumer Financial ...

In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...

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

President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...

By Katelyn Polantz, Phil Mattingly and Tierney Sneed, CNN Washington (CNN) — A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department ...

Volatility in equities and bonds, as well as potential weakness in non-US currencies, could provide additional boosts to ...

Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund ...

The US Treasury Department disclosed in December that it had fallen victim to a security breach involving a “China ...

The US Treasury Department announced in a letter ... These documents included travel data, organizational charts, sanction materials and foreign investment metrics. An agency report indicates ...

Scott Bessent, President-elect Trump's nominee to lead the Treasury Department, sparred with Sen. Bernie Sanders, I-Vt., over whether the U.S. is heading toward an oligarchy. On Wednesday ...

If confirmed, Bessent will oversee massive agencies within the Treasury Department, including the Internal Revenue Service. The IRS received a massive boost in funding from Democrats’ Inflation ...