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Treasury nominee Scott Bessent clears key Senate hurdle on way to likely confirmation
Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.
Bessent nomination to US Treasury clears Senate Finance Committee
The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full Senate for approval.
Senate Panel Backs Bessent Nomination for Treasury
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. All of the panel’s Republicans voted yes, along wit
Panel approves Scott Bessent for treasury secretary, setting up Senate vote
Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.
Senate Finance chair hoping for Bessent confirmation vote next week
Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S. President Donald Trump's pick as Treasury secretary, Scott Bessent, could occur next week.
Senate Finance advances Scott Bessent's Treasury nomination
The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.
Scott Bessent’s nomination as Trump’s Treasury chief clears Senate Finance Committee
The billionaire hedge fund manager now faces a final confirmation vote in the US Senate The US Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as US President Donald Trump's Treasury secretary on to the full Senate for approval.
7h
on MSN
Treasury yields steady as Fed meeting shifts into focus
Treasury yields were shifting lower on Friday, with investors looking ahead to next week’s Federal Open Market Committee Meeting.
Impacts
1d
Treasury Risk Management: Strategies to Safeguard Your Business Finances
Past financial crises have shown businesses worldwide why proper financial controls matter. From market downturns to global ...
1d
on MSN
Why the 10-Year U.S. Treasury Yield Is So Important Right Now
Multiple indicators will track performance and sentiment during the second Trump administration. Here's why the 10-year U.S.
Opinion
3d
Opinion
Finance Democrats seek assurances from Bessent on taxes ahead of vote
Senate Finance Democrats want Scott Bessent to submit to an IRS audit and release his tax filings ahead of panel vote Tuesday ...
3d
on MSN
Shares of U.K. Banks With Motor Finance Exposure Rise After Treasury Seeks to Step In
Shares in U.K. banks that have motor-finance operations traded higher after the Treasury signaled its intention to intervene ...
8d
on MSN
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an ...
1d
on MSN
2-year Treasury yield ends at 1-week high, with focus on Trump tariffs
Treasury yields finished higher on Wednesday, with the policy-sensitive 2-year rising for a third consecutive session, as traders continued to weigh the prospect of tariffs under the second Trump ...
3d
Treasury seeks intervention over motor finance row amid economic fears
The FT said the Treasury had taken the rare step of applying to intervene in an upcoming Supreme Court case, which may lead ...
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