The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. Needed for confirmation Needed for confirmation Mr. Bessent, who formerly ...

He is a CFA charterholder. Treasury Secretary nominee Scott Bessent had a comfortable existence as a low-profile hedge fund manager, but he decided to enter public life to help rein in America’s ...

The Senate Finance Committee voted 16-11 Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate floor as soon as this week.

The nomination of Charleston's Scott ... William Gibbs McAdoo and Henry Morgenthau Jr. teach us that leadership requires balance and long-term vision — qualities missing from Bessent’s approach.

Scott Bessent arrives for a meeting with Sen. Mike Crapo (R-ID) in the Dirksen Senate Office Building on December 10, 2024 in Washington, DC. Nominees for Trump's upcoming administration are ...

Bessent said the extension of the 2017 tax cuts was the single most important issue facing lawmakers. "This is pass-fail," Bessent said, in the start of questions at his confirmation hearings.