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 ...

By Alan Rappeport Reporting from Washington The Senate on Monday voted 68 to 29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new administration’s ...

Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an ...

Mark Warner (D-Va.) and Maggie Hassan (D-NH) as well as every Republican on the panel. Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help ...

Now, Scott Bessent, President-elect Donald ... Medicare and Social Security from budget cuts. Bessent has ruled out defense cuts and said he’d “freeze” nondefense spending appropriated ...

Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect Donald Trump’s intended Treasury secretary nominee, Scott Bessent.

WASHINGTON (Reuters) - A majority of the U.S. Senate on Monday backed President Donald Trump's nomination of Scott Bessent to be Treasury secretary and thus a leading voice in managing the country ...

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 ...

Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund manager, was confirmed in a 68 to 29 U.S. Senate vote on Monday and sworn ...

The U.S. Senate confirmed Scott ... Bessent was confirmed by a vote of 68 to 29. The new Treasury head's nomination drew sharp opposition from progressive Democrats, including Sen. Elizabeth ...