The man who once shorted currencies is now propping them up. “He takes risks that other Treasury Secretaries over the past ...

Add Yahoo as a preferred source to see more of our stories on Google. Scott Bessent has privately likened Donald Trump to one of MAGA's most-hated figures, according to a bombshell new book. The ...

When Washington joined Tokyo on Friday in the first joint intervention to boost the Japanese yen in almost three decades, the man steering ...

Treasury Secretary Scott Bessent made $1 billion betting against the yen as the top investor for George Soros more than a ...

Most recent Treasury Secretary predecessors came from what is known as the sell-side of finance, but Scott Bessent, with a ...

Former hedge fund manager Scott Bessent is seen as a steady hand to lead the Treasury with his deep market expertise.

Japan was no doubt grateful. But it would be wrong to think of it as a helpless naïf. On the contrary, in teaming up with Japan’s government, America was joining forces with one of the biggest ...

Global economic policy now seems at the mercy of an exceptionally casual approach to information, scribbled on a notepad, ...

After a 40-year career in finance that involved working for investing legends such as George Soros and Stanley Druckenmiller, ...

America’s support for Japan‘s currency could have unintended consequences that go far beyond exchange rate management. Japan’s PM seems at odds with its central bank over monetary policy—and there’s ...