Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.

Their exchange on the minimum wage shows two views of the world.

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, 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.

Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could make him the first openly gay cabinet member of a Republican administration.

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from Democrats on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.

Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just to frame this for everyone in the room,

Mr. Bessent called the extension of the 2017 Trump tax cuts ‘the single most important economic issue of the day.’

During his Senate confirmation hearing on Thursday, Scott Bessent, President Donald Trump’s pick for Treasury Secretary, called the national debt “a disaster”

The stakes have never been higher, but with Bessent at the helm of the Trump economic team, a brighter future is within reach.