If confirmed, Bessent could act as a catalyst for a crypto and bitcoin price boom by helping to establish a clear regulatory framework for digital assets.

Bessent has been a major donor to Trump, giving $1 million to the Republican candidate for his 2016 inauguration.

Donald Trump selects Scott Bessent for Treasury Secretary, a crypto advocate, who promises regulatory clarity and blockchain integration.

On Friday, President-elect Donald Trump announced hedge fund manager Scott Bessent as his nominee for Treasury Secretary, and the crypto industry seems very happy with this choice.

Scott Bessent is stepping out from behind decades of hedge-fund desks into the Treasury Secretary’s office with one goal: to leave his fingerprints on the

Donald Trump has nominated pro-crypto hedge fund manager Scott Bessent to serve as the next Secretary of the Treasury.

President-elect Donald Trump will nominate Scott Bessent to be his Treasury secretary, offering the hedge fund manager and major campaign fundraiser the preeminent economic post in his administration.

The Dow and S&P 500 reached all-time highs, while the dollar weakened on Monday following the news that President-elect Donald Trump has tapped Wall Street’s Scott Bessent to be his next Treasury Secretary.

Treasury secretary nominee Scott Bessent's economic plan is in tension with other aspects of President-elect Trump's agenda.