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Trump, Bessent and Treasury
Donald Trump taps Scott Bessent for Treasury secretary, ending fierce battle for key job
Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a series of op-eds and media appearances over the past year.
Trump nominates Scott Bessent for Treasury secretary
From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if contradictory Wall Street experience.
Who Will Be Donald Trump's Treasury Secretary? Four Potential Candidates
Trump is reportedly having second thoughts about the original front-runners and may be considering two new candidates.
Wall Street, Dow
Dow rises more than 400 points for record close, Wall Street posts weekly gain: Live updates
The blue-chip Dow gained 426.16 points, or 0.97%, to 44,296.51, a new all-time closing high and its third straight positive session. The S&P 500 added 0.35% to finish at 5,969.34 for its fifth winning day in a row.
Wall Street gains ground as it notches a winning week and another Dow record
Stocks closed higher on Wall Street, giving the market its fifth gain in a row and another record high for the Dow Jones industrial average.
Stock market today: Wall Street gains ground as it heads for a winning week
Stocks rose on Wall Street in afternoon trading Friday, keeping the market on track for its fifth straight gain. The S&P 500 was up 0.2% and was solidly on track for a weekly gain that will erase most of last week's loss.
SEC, Gensler and Trump
Gensler Says He Won't Leave SEC Until Trump Takes Office
Securities and Exchange Commission Chair Gary Gensler will step down as Wall Street’s top regulator at the very end of the Biden administration, he announced Thursday. Gensler has been coy about when
US SEC chief Gensler to step down in January when Trump takes over
U.S. Securities and Exchange Commission Chair Gary Gensler will step down on Jan. 20 when President-elect Donald Trump's administration takes over, the agency said on Thursday, ending an ambitious tenure that saw him clash with Wall Street and the crypto industry.
SEC chair Gensler to step down on January 20
Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20. Since taking the lead at the SEC, the commission was aggressive in its oversight of cryptocurrencies and other regulatory issues.
13h
on MSN
‘Dancing in the street’: Some Wall Street banks are triumphant heading into Trump era
Trump hasn’t yet returned to office, and the biggest banks keep notching wins. The nation’s biggest banks have just in the ...
2d
on MSN
Trump could finally end one of the oldest financial fights on Wall Street
Investors are ramping up bets that Trump 2.0 will loosen the federal government’s grip over mortgage giants Freddie Mac (FMCC ...
1d
Wall Street Expects A Dealmaking Boom Under Trump. These 20 Stocks Are Prime Targets
Trump’s second term may unleash a new wave of acquisitions, and mid-cap stocks could be in the crosshairs of acquirers.
2d
on MSN
Donald Trump’s commerce secretary pick Howard Lutnick is a Wall Street titan who lost his brother—and nearly 70% of his employees—in the 9/11 attacks
Some call Howard Lutnick the “most hated man on Wall Street.” Others applaud his business acumen and consistent charity ...
4d
Wall Street is optimistic about Trump 2.0
Rowan’s optimism matches that of the market, with the S&P 500 rallying above 6,000 in the best post-election day melt up of ...
3d
on MSN
Wall Street strategists are forecasting Trump's tax cuts will send stocks soaring in the coming years
Trump's plan to slash the corporate tax rate to 15% could be a bullish driver for stocks for at least the next two years, ...
3d
Trump picks Wall St CEO Lutnick to run Commerce, oversee USTR, tariffs
U.S. President-elect Donald Trump said on Tuesday he will nominate Wall Street CEO Howard Lutnick to lead his trade and ...
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