Scott Bessent, Treasury Secretary

Panel approves Scott Bessent for treasury secretary, setting up Senate vote
The Senate Finance Committee voted to approve President Donald Trump’s pick to lead the Treasury Department, hedge fund manager Scott Bessent. He will now move to a final confirmation vote in the Senate.
Trump's pick for Treasury Secretary is Scott Bessent. Here's what to know
Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.
Senate committee advances Bessent's nomination for Treasury secretary
The Senate Finance Committee on Jan. 21 advanced the nomination of Scott Bessent, President Donald J. Trump’s pick for Treasury secretary, in a 16-11 vote. All 14 committee Republicans and two Democrats supported Bessent’s nomination, which will now head to the full Senate for consideration.
Treasury Secretary nominee Scott Bessent says Trump tax cuts should not expire
Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. “This is the single most important economic issue of the day,” Bessent told the committee.
Bessent Nomination to US Treasury Clears Senate Finance Committee
The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full Senate for approval.
Senate panel advances Bessent nomination
If Bessent is confirmed, as expected, he’ll be at the center of Trump’s agenda of extending tax cuts, imposing sweeping tariffs and rolling back financial regulations. He will
Senate Finance chair hoping for Bessent confirmation vote next week
Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S. President Donald Trump's pick as Treasury secretary, Scott Bessent, could occur next week.
Senate Finance advances Scott Bessent's Treasury nomination
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.
Treasury nominee Scott Bessent clears key Senate hurdle on way to likely confirmation
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.
Scott Bessent’s nomination as Trump’s Treasury chief clears Senate Finance Committee
The billionaire hedge fund manager now faces a final confirmation vote in the US Senate The US Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as US President Donald Trump's Treasury secretary on to the full Senate for approval.
Former Treasury Secretary Mnuchin: The top economic priority has to be government spending
Former U.S. Treasury Secretary Steven Mnuchin joins 'Squawk on the Street' to discuss the future of TikTok, state of the ...
Trump's Treasury Secretary pick to face big questions at confirmation hearing
Trump Treasury Secretary nominee Scott Bessent faces a Senate panel on Thursday and can expect grilling from a Democratic ...
ABC News6d
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
WASHINGTON -- In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the ...
Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the ...
Treasury Secretary Janet Yellen praises Biden's pandemic response in farewell address
Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...
How Trump's Pick for Treasury Secretary Once Helped Break the Bank of England
Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, ...
The New York Times6d
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and credit of the United States. By Alan Rappeport Reporting from Washington ...
Wall Street Journal6d
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
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.
Inside the first Crypto Ball: Snoop, the Treasury Secretary—and a $70 billion memecoin surprise from Trump
The crypto industry gathered ahead of the presidential inauguration to celebrate its staggering victory in the 2024 elections ...