Bessent plans to emphasize the dollar's key role in the world and talk up Trump's approach to trade policy, according to excerpts of his prepared remarks released by Trump's transition team. He's due to say American officials "must ensure that the U.

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world's reserve currency as he laid out a vision for a "new economic golden age".

President-elect Donald Trump's pick for treasury secretary, Scott Bessent, says the Fed should stay independent from presidential influence.

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.

The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.