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Scott Bessent ran George Soros's London office during the trade that broke the Bank of England
Before Scott Bessent defended the U.S. Treasury, he made a fortune betting against governments. Learn the role Bessent played ...
Treasury Secretary Scott Bessent and the IRS could revoke the tax-free status of left-wing nonprofits such as George Soros’ Open Society Foundations, the Southern Poverty Law Center, and the Council ...
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I am the house now: 34 years ago, Bessent helped Soros break the Bank of England. Now he's daring traders to bet against the yen.
Quick ReadBessent publicly declared he has "asymmetric information" on yen intervention and dared currency traders to bet against him.A 29-year-old Bessent convinced Soros to short the pound in 1992, ...
Scott Bessent joined the Trump administration last year armed with formidable experience in markets, the widespread respect of Wall Street and limitless confidence.
Michael Burry Asks ‘Who Wants To Be The Next George Soros?’ As Bessent Moves To Calm Treasury Market
Burry's remark highlighted a role reversal for Bessent, who helped Soros research his historic 1992 pound short. Treasury doubled long-dated bond buybacks to $4 billion per operation, with Bessent ...
You’re reading The Financial Page, John Cassidy’s weekly column on economics and politics. Before becoming Treasury Secretary when Donald Trump returned to the White House last year, Scott Bessent had ...
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