President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."

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The Senate Finance Committee grilled President-elect Donald Trump’s choice for Treasury Secretary Thursday. Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts.

Follow along with MarketWatch's live coverage of the Senate confirmation hearing for Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary.

Scott Bessent, Donald Trump’s Treasury Secretary pick, will dissolve his hedge fund to avoid conflicts of interest. Bessent plans to divest from all business roles

Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American tariffs,

Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on Trump’s domestic and economic agenda that will dominate the debates on Capitol Hill this year.

Trump has promised on Day One to repeal Biden’s executive order on artificial intelligence, which requires developers of the most advanced AI models to report on their activities to the Commerce Department.

Following his win over Kamala Harris, Donald Trump has been assembling the administration for his second term in the White House.

At a Senate Finance Committee hearing on6, 2025, Senator Elizabeth Warren questioned Treasury Secretary nominee Scott Bessent on critical issues, including eliminating the debt limit and ensuring tax fairness.