Staff at the Consumer Financial Protection Bureau were instructed by email to cease much of their work. Bessent, a wealthy ...

Amid the hue and cry over President Donald Trump’s picks to be the secretaries of defense and health and human services, South Carolina native Scott Bessent coasted to his Senate confirmation as ...

The Treasury sanctions are directed at more than a dozen people and companies based in China, India and the United Arab ...

Billionaire hedge fund manager Scott Bessent is a Wall Street veteran who was born and raised in South Carolina - Copyright AFP/File ANDREW CABALLERO-REYNOLDS ...

Scott Bessent, a South Carolina resident and billionaire investor, was confirmed by the U.S. Senate on Monday.

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 are set to expire Dec. 31, 2025.

While some, like Secretary of State Marco Rubio, sailed through, others, like Attorney General Pam Bondi, saw their ...

The Senate voted on Saturday to advance Scott Bessent’s nomination ... economic issue of the day," Bessent, a hedge fund billionaire from South Carolina, told lawmakers. "If we do not renew ...

Scott Bessent, President-elect Donald Trump's ... he currently calls Charleston, South Carolina home. He lives in a restored Greek Revival mansion with his husband John Freeman, a former New ...

Trump's Treasury secretary pick, Scott Bessent, says extending the 2017 Tax Cuts and Jobs Act is the 'single most important economic issue of the day' ...