Before Scott Bessent defended the U.S. Treasury, he made a fortune betting against governments. Learn the role Bessent played ...

The Treasury official's comments increased the price of the government-sponsored enterprises' stock even though he indicated there would be no near-term reform.

Scott Bessent is a prominent figure in American finance and currently serves as the US Treasury Secretary, a role he assumed in January 2025. His responsibilities include maintaining a robust economy, ...