The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary ...

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s Treasury ...

Senate Finance Democrats want Scott Bessent to submit to an IRS audit and release his tax filings ahead of panel vote Tuesday ...

The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into ...

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was ...

As the 79th Treasury secretary, Bessent will have sway over the nation's tax collections and its $28 trillion Treasury debt market, with vast influence over fiscal policy, financial regulations ...

putting in place the new administration’s top economic official who will steer an agenda that is focused on tax cuts, tariffs and deregulation. Mr. Bessent, a billionaire hedge fund manager with ...

Mike Crapo of Idaho, chair of the Senate Finance Committee, said approving Bessent was “one of the easiest votes we could ever take.” However, he faced pushback from Democrats on unpaid tax ...

Perhaps the biggest will be coordinating with Congress on the extension of the 2017 Tax Cuts and Jobs Act, significant portions of which expire at the end of this year. Bessent supports extending ...

Jan. 27 (UPI) --The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and ...

Democratic Sens. Mark Warner of Virginia and Maggie Hassan of New Hampshire approved Bessent’s nomination in committee. However, he faced pushback from Democrats on unpaid tax liabilities.

The Senate confirmed Scott Bessent, President Donald Trump’s nominee for Treasury secretary, despite criticism levied by Democrats for his handling of self-employment taxes tied to ownership of ...