Asked whether Congress should abandon the federal debt ceiling, Bessent said that if Trump requested that, he would work with ...

Bessent spoke before the Senate Finance Committee about his economic vision for America, addressing key issues like tax ...

South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during ...

Donald Trump’s nominee for secretary of the Treasury, Scott Bessent, who lives in Charleston, South Carolina with his husband ...

The Senate Finance Committee grilled President-elect Donald Trump’s choice for Treasury Secretary Thursday. Scott Bessent, a ...

President-elect Donald Trump's cabinet nominees discussed their visions for domestic oil production, tax cuts, and environmental policies during confirmation hearings.

Scott Bessent, President-elect Donald Trump’s Treasury secretary pick, defended tax cuts and tariff increases Thursday, rebutting accusations from Democrats at his confirmation hearing that Trump’s ...

Trump's pick for Treasury secretary says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.

Noem and committee Republicans focused on the border while Democrats asked about foreign and home-grown terrorism during a ...

Scott Bessent, President-elect Trump’s pick as Treasury secretary, owns North Dakota farmland on which he earns between $100,000 and $1 million per year, but plans to divest himself of it if he is ...

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or ...

Senate hearings are scheduled this week for several of Trump's picks for the Cabinet. Many nominees have met with senators ...