Trump's Treasury secretary pick, Scott Bessent, says extending the 2017 Tax Cuts and Jobs Act is the 'single most important economic issue of the day'

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

Senator Lindsey Graham (R-South Carolina) voted in the Senate to confirmed South Carolina native Scott Bessent as the next Secretary of the U.S. Department of T

Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the first Senate-approved LGBTQ+ member in a Republican cabinet.

Wall Street investor Scott Bessent was confirmed as the next Treasury Secretary by the Senate on Monday. Bessent is a wealthy hedge fund manager who's seen as a business-friendly choice. He was confirmed by a vote of 68 to 29, signaling a degree of bipartisan support for the new Treasury Secretary.

Bessent, a Wall Street veteran who grew up in South Carolina, has praised the Republican president’s plans to slash taxes and impose tariffs while calling for measures to protect supply chains and the

Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters.

The U.S. Senate on Monday voted 68-29 to confirm Scott Bessent, the South Carolina-born billionaire investor on Wall Street, as the nation's new Treasury secretary.

From his years working for George Soros to his role as a key economic advisor to Trump, Bessent has extensive if contradictory Wall Street experience.

Britain's Labour government will back plans for a third runway at London's Heathrow Airport, finance minister Rachel Reeves announced on Wednesday, saying the project could create over 100,000 jobs in the economy.

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. It is his first time overseeing a sprawling organization or working in government, The New York Times reported .