During his remarks from the Senate floor today on the confirmation vote for Scott Bessent's Treasury Secretary nomination, Senator Ron Wyden blasted Bessent over his qualification for the role.

Duing the confirmation hearing for Scott Bessent in the Senate this week, Senator Ron Wyden went scorched earth on nominee to be Treasury Secretary, Scott Bessent.

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.

Neeraj Singh joins the Buffalo, New York-based bank after a four-year stint at USAA, which has seen an exodus of top executives. The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.

Scott Bessent, President Donald Trump’s pick for ... default on the nation’s financial obligations. Sen. Ron Wyden, the top Democrat on the committee, objected to advancing Bessent’s ...

Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.

The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.

The U.S. Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.

As Treasury Secretary and one of Trump’s top economic advisers, Bessent will be responsible for helping to implement his economic policy agenda, including efforts to impose broad-based tariffs and extend the Tax Cuts and Jobs Act (TCJA), which was enacted in 2017 under then-President Trump but is largely set to expire at the end of 2025.

Bessent becomes Trump’s fifth cabinet pick to get confirmed, highlighting the importance lawmakers place on quickly having someone at the Treasury’s helm — and reflecting Bessent’s relatively drama-free confirmation hearing.