Bessent will lead President-elect Donald Trump’s Treasury Department. Bessent is the first out gay member of Trump’s Cabinet.

If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal ...

President-elect Trump selected billionaire investor Scott Bessent to lead the Treasury Department on Friday as the former ...

Key Takeaways Scott Bessent, Donald Trump's pick for Treasury Secretary, was an economic advisor during his campaign and ...

The early reviews for Treasury secretary nominee Scott Bessent from Wall Street are in — and they're positive. But now the ...

President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to ...

Trump's nominee to run the Treasury faces a tall order—dealing with mounting debt, implementing an aggressive tariff regime, ...

The longtime hedge fund manager said he is focused on making Trump’s 2017 tax cuts permanent, as well as eliminating taxes on ...

Wall Street analysts believe Bessent will encourage Trump to roll back his aggressive plans for imposing tariffs on imported ...

If confirmed, Bessent will be tasked with implementing any tax cuts a Republican-controlled Congress may pursue.

Not surprisingly, U.S. Sen. Tim Scott, R-S.C., a member of the Senate Finance Committee as well as the Senate Banking ...