The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. Needed for confirmation Needed for confirmation Mr. Bessent, who formerly ...

Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an ...

By Alan Rappeport Reporting from Washington The Senate on Monday voted 68 to 29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new administration’s ...

He has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Jobs Act that are set to expire Dec. 31, 2025.

Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...

WASHINGTON, Jan 16 (Reuters) - President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is interested in potentially enacting tariffs on ...

(Reuters) - The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full ...

Treasury secretary nominee Scott Bessent defended President-elect Donald Trump’s economic strategy in a Senate hearing today. “I believe Wall Street has done great the past few years and that ...

Jan 16 (Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the ...

The U.S. Senate confirmed Scott ... Bessent was confirmed by a vote of 68 to 29. The new Treasury head's nomination drew sharp opposition from progressive Democrats, including Sen. Elizabeth ...