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

"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said ...

Billionaire hedge fund manager and SC native Scott Bessent has been nominated by incoming president Donald Trump to lead the ...

President-elect announced nominations to lead several departments and agencies as he continues to staff his next ...

Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his ...

President-elect Donald Trump chose Scott Bessent to lead the Treasury Department late Friday evening. “I am most pleased to ...

President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his ...

One of the top remaining vacancies in President-elect Donald Trump’s proposed Cabinet is his treasury secretary — and the ...

Get the latest news on the transition to the new administration of President-elect Donald Trump and a new Congress.

Bessent, the 62-year-old founder of Key Square Group, has repeatedly backed the president-elect’s pro-tariff stance in a ...

The treasury secretary is a high-level Cabinet position charged with advising the president on matters related to financial, economic and tax policy.