Scott Bessent, a billionaire hedge-fund manager, outlined his plans in financial disclosures and an ethics agreement released ahead of his confirmation hearing.

Scott Bessent, the investor selected by President-elect Donald Trump to be his Treasury secretary, will divest from his Key Square Group hedge fund and other investments, according to a letter to the Treasury Department's ethics office.

Scott Bessent, President-elect Donald Trump’s pick to run the US Treasury Department, will resign from Key Square Group and divest underlying assets to avoid conflicts of interest if confirmed by the Senate.

President-elect Donald J. Trumps nominee for Treasury Secretary, Scott Bessent, is preparing to divest from numerous funds and investments to avoid potential conflicts of interest, according to The New York Times.

President-elect Donald Trump’s nominee for Treasury Secretary, Scott Bessent, will divest from dozens of funds, trust, and investments to take the post if he is confirmed, The New York Times reported Saturday,