Scott Bessent's potential appointment as Treasury Secretary under Trump sparks mixed reactions. Learn about the financial moves you should consider and how this choice might impact both Wall Street and Main Street.
President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is interested in potentially enacting tariffs on carbon emissions.
The fund manager will face senators at a confirmation hearing on Thursday
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President-elect Donald Trump's picks for the Treasury, Housing and Urban Development and Interior departments, along with the Environmental Protection Agency, went before lawmakers on Thursday. Among them included former presidential candidate Doug Burgum and billionaire Trump donor Scott Bessent.
Many of the people Donald Trump has nominated to serve in his administration have commercial real estate backgrounds.
During his rally in Washington D.C. tonight, President-elect Trump shouted out his cabinet selections in the crowd, such as Tulsi Gabbard, RFK Jr., Scott Bessent, Marco Rubio, and more.
This week in politics, President Joe Biden delivered his farewell address, the Senate conducted confirmation hearings for President-elect Donald Trump's nominees, the Supreme Court upheld the looming TikTok ban, Israel and Hamas agreed to a ceasefire, Trump's inauguration was moved indoors and more.
Crude oil futures rise on supply concerns and winter demand, while focus turns to how the incoming Trump Administration will handle new sanctions on Russia's oil sector.
A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election surge in early Nov