The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...

Scott Bessent ... voted 16-11 to advance Bessent’s nomination, clearing the way for a Senate floor vote in the coming days. Two Democrats — Sens. Mark Warner (D-Va.) and Maggie Hassan ...

Now, Scott Bessent, President-elect Donald ... Medicare and Social Security from budget cuts. Bessent has ruled out defense cuts and said he’d “freeze” nondefense spending appropriated ...

Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...

Hedge fund executive Scott Bessent, tapped to become President-elect Donald Trump’s treasury secretary, said he plans to divest from funds and other investments as he prepares to become the ...

(Bloomberg) -- Scott Bessent, President-elect Donald ... much longer than the typical 90-day disclosure window. Bessent said he’d recuse himself from specific decisions that would have a ...

Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect Donald Trump’s intended Treasury secretary nominee, Scott Bessent.

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.

(Bloomberg) -- Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on the Russian oil industry to end the war in Ukraine.