Scott Bessent, a billionaire hedge fund manager, will lead President Donald Trump's financial agenda as treasury secretary. Bessent was confirmed in a 68-29 U.S. Senate vote on Monday and sworn in on Tuesday.
The Senate confirmed Scott Bessent as treasury secretary, filling a key role in President Donald Trump's Cabinet with Bessent expected to help orchestrate Trump's economic agenda.
Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement and will ensure the IRS has the tools needed for audits.
Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes ... Bessent will oversee massive agencies within the Treasury Department, including the Internal Revenue Service. The IRS received a massive boost in funding from Democrats’ Inflation ...
Bessent told lawmakers that President-elect Donald Trump has an opportunity to unleash 'a new economic golden age'
Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate floor as soon as this week. All of the panel’s Republicans voted yes, along wit
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve ... the feasibility of creating an External Revenue Service to collect tariff revenue from ...
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes ... including the Internal Revenue Service. The IRS received a massive boost in funding from Democrats’ Inflation Reduction ...
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 Senate is set to vote Monday on the confirmation of Scott Bessent as treasury secretary, as Senate Republicans work to quickly install President Trump's picks for top administration posts.