The U.S. Senate confirmed billionaire investor Scott Bessent, of South Carolina, on Monday to serve as President Donald Trump's treasury secretary.
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.
Wall Street investor Scott Bessent was confirmed as the next Treasury Secretary by the Senate on Monday. Bessent is a wealthy hedge fund manager who's seen as a business-friendly choice. He was confirmed by a vote of 68 to 29, signaling a degree of bipartisan support for the new Treasury Secretary.
Bessent, a Wall Street veteran who grew up in South Carolina, has praised the Republican president’s plans to slash taxes and impose tariffs while calling for measures to protect supply chains and the
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters.
The U.S. Senate on Monday voted 68-29 to confirm Scott Bessent, the South Carolina-born billionaire investor on Wall Street, as the nation's new Treasury secretary.
The US Senate confirmed Scott Bessent as Treasury Secretary. He faces balancing tax cuts with deficit control and crafting a tariff strategy, becoming the first openly gay person in the role.
The Senate confirmed on Monday Scott Bessent, a Wall Street veteran and ... Related stories The billionaire investor spent his childhood in South Carolina. His father went bankrupt investing ...
Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund Management (SFM), where he was the firm's head of ...
A man was arrested on weapons charges after he visited the U.S. Capitol on Monday and told police that he wanted to kill top Republicans.
A federal judge has temporarily blocked a Trump administration freeze on federal grants and loans that could total trillions of dollars and cause disruptions in health care research, education