Scott Bessent, President-elect Trump’s pick as Treasury secretary, owns North Dakota farmland on which he earns between $100,000 and $1 million per year, but plans to divest himself of it if he is confirmed,
The Treasury secretary nominee cultivated allies in Trump’s orbit who have come to see him as a brainy avatar of their vision.
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.
Confirmation hearings for President-elect Trump’s Cabinet picks are in full swing again Thursday as the Senate works to screen his controversial nominees. Committees will hear from the contenders hoping to lead Trump’s second-term Treasury,
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.
Treasury nominee Bessent a shoo-in Trump’s foreign policy steps into unstable world Gaza truce back on track Inauguration Day primer President-elect Trump won the November
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
Treasury Secretary nominee Scott Bessent told lawmakers in his confirmation hearing that he would protect U.S. farmers from any tariff retaliation by pushing China to live up to its purchasing commitments under the phase one deal.
President-elect Donald Trump has the chance “to unleash a new economic golden age” in America, but must first extend tax breaks and rein in rampant government spending and overregulation, his Treasury Secretary nominee Scott Bessent said Thursday.
President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.
Four of President-elect Trump's cabinet nominees, including Scott Bessent for Treasury Secretary, Doug Burgum for Interior Secretary, Lee Zeldin for EPA, and Scott Turner for HUD, will face Senate confirmation hearings on Thursday.
Scott Bessent, President-elect Donald Trump’s Treasury secretary pick, defended tax cuts and tariff increases Thursday, rebutting accusations from Democrats at his confirmation hearing that Trump’s policies would enrich the wealthiest Americans and hurt working families.