Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...

Scott Bessent ... voted 16-11 to advance Bessent’s nomination, clearing the way for a Senate floor vote in the coming days. Two Democrats — Sens. Mark Warner (D-Va.) and Maggie Hassan ...

Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect Donald Trump’s intended Treasury secretary nominee, Scott Bessent.

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 ...

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 ...

(Bloomberg) -- Scott Bessent, President-elect Donald ... much longer than the typical 90-day disclosure window. Bessent said he’d recuse himself from specific decisions that would have a ...

Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key ...