The Senate's confirmation of Scott Bessent as Treasury Secretary brings a pro-crypto, anti-CBDC leader to head the Treasury Department

The U.S. Senate has confirmed Scott Bessent as the new Treasury Secretary, succeeding Janet Yellen. The confirmation came through a Senate vote on Monday, where Bessent received 68 votes in favor and 29 against. His nomination was put forth by President Donald Trump last November.

(TNND) — The senate plans to vote on the confirmation of Scott Bessent as treasury secretary on Monday evening.

The U.S. Senate voted Monday to confirm hedge fund manager and South Carolina native Scott Bessent as the 79th Secretary of the Treasury.

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 tariffs.

Bessent is a former protégé of George Soros, the billionaire investor and Democratic mega donor. After Trump won the election in November, Bessent won an unusually public – and messy – contest to be nominated for the Treasury Secretary role.

🇺🇸Scott Bessent’s confirmation as United States Secretary of the Treasury highlights President Trump’s dedication to restoring economic strength and stability. Now that Bessent has been confirmed, the Senate will focus on approving former Representative Sean Duffy (R-Wis.) for the position of secretary of transportation.

Scott Bessent, a South Carolina resident and billionaire investor, was confirmed by the U.S. Senate on Monday.

Scott Bessent is set to have a confirmation hearing as Donald Trump's pick Department of Treasury secretary on Thursday.