Scott Bessent has been confirmed as US Treasury Secretary, advocating for universal tariffs starting at 2.5%. He aims to eliminate taxes, implement a consumption tax, and adopt a gold-backed currency,

The U.S. Senate voted 68-29 to confirm Scott Bessent as Treasury Secretary, making him the highest-ranking gay official in the United States.

Billionaire hedge fund manager and Donald Trump nominee Scott Bessent won Senate approval on Monday to become US Treasury secretary.

The fund manager will face senators at a confirmation hearing on Thursday

You might know them from: The longtime investor and hedge fund manager was little known outside of Wall Street until he became one of the top economic advisers to President-elect Donald Trump's campaign. Bessent is a former protégé of George Soros ...

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.

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.

Scott Bessent, a South Carolina resident and billionaire investor, was confirmed by the U.S. Senate on Monday.

The Senate confirmed on Monday Scott Bessent, a Wall Street veteran and campaign ally of President Donald Trump, as treasury secretary, one of the highest-profile cabinet posts. Bessent won ...

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

Japanese Finance Minister Katsunobu Kato said Wednesday that he has agreed with new U.S. Treasury Secretary Scott Bessent that they w