The South Carolinian struggled to generate big returns at his own hedge fund. Bessent has always thrived, however, working for big personalities.
ByKyle Khan-Mullins
ByKyle Khan-Mullins,
Forbes Staff.
Update, June 10, 2025, 3:30 pm: This article has been updated with comment from a Treasury spokesperson.
S
Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys.
Who bought Scott Bessent’s soybean farm? Records obtained by USA TODAY show details of the transactions.
The man who once shorted currencies is now propping them up. “He takes risks that other Treasury Secretaries over the past two…
Scott Bessent has emerged as the most interventionist Treasury secretary in financial markets in decades. Read more.
In a CNBC exclusive, U.S. Treasury Secretary Scott Bessent says he could expand a bond buyback plan, but yields march higher…
Treasury Secretary Scott Bessent faces rising Treasury yields that undermine his goal of lowering borrowing costs, with…
