Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key ...

He has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Jobs Act that ...

Trump Treasury Secretary nominee Scott Bessent on Thursday said he does not support raising the federal minimum wage. “I believe that the minimum wage is more of a statewide and regional issue ...

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 ...

WASHINGTON, Jan 16 (Reuters) - President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is interested in potentially enacting tariffs on ...

By Alan Rappeport Reporting from Washington Scott Bessent, the billionaire hedge fund manager whom President-elect Donald J. Trump picked to be his Treasury secretary, plans to divest from dozens ...

Maintaining the dollar as the world’s reserve asset is critical to US economic health and the nation’s future, Scott Bessent, Donald Trump’s nominee for Treasury secretary, will tell a ...

WASHINGTON, Jan 15 (Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world's reserve ...

Treasury secretary nominee Scott Bessent defended President-elect Donald Trump’s economic strategy in a Senate hearing today. “I believe Wall Street has done great the past few years and that ...

Ron Wyden (D-Ore.). A spokesperson from the Trump transition denied the allegations. “Scott Bessent has paid his taxes,” they said. “After providing thousands of pages of records through an ...