Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key ...

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...

The U.S. Senate confirmed Scott Bessent Monday to serve as President ... sanctions on Russia over the country's invasion of Ukraine. And he said the Federal Reserve – which has drawn Trump ...

Billionaire hedge fund manager Scott Bessent is a Wall Street veteran who ... on Russian oil majors as a way to end the war in Ukraine, while signaling a hawkish approach on China.

The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine.