Treasury Secretary-designate Scott Bessent declared during his Senate confirmation hearing Thursday. Bessent warned lawmakers that the US risks a “crushing $4 trillion tax hike” — the larges ...

President-elect Donald Trump's pick to be treasury secretary, Scott Bessent fielded sharp questions Thursday at his confirmation hearing from Democrats and Republicans on tax policy, tariffs ...

Following an election in which voters resoundingly registered their disapproval with President Biden’s economic record, Democrats tried on Thursday to put wealth disparity itself on trial at Treasury ...

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 ...

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 ...

Scott Bessent, founder and chief executive officer of Key Square Group and U.S. Treasury secretary nominee, arrives for a Senate Finance Committee confirmation hearing Thursday. Scott Bessent, ...

During Scott Bessent's confirmation hearing Thursday, Sen. Ron Wyden, an Oregon Democrat, pressed President-elect Trump's nominee for Treasury secretary on what resources he would support for IRS ...

Scott Bessent defended tariffs and argued for tax-cut extensions during his confirmation hearing as President-elect Donald Trump’s pick for Treasury secretary in the Senate Finance Committee.

Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee. The treasury secretary ...