To get the nomination for Treasury Secretary, Scott Bessent had to win over MAGA, Wall Street and Trump himself.
Scott Bessent walked into his Senate confirmation hearing today with one clear goal: to champion the radical changes coming to Washington. The billionaire investor and Donald Trump’s pick for Treasury Secretary didn’t waste time defending Elon Musk’s Department of Government Efficiency (D.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill
Hedge fund manager Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary, will appear before the Senate Finance Committee for his confirmation hearing Thursday morning starting at 10:30 am.
Markets will be monitoring Scott Bessent's Thursday sitdown with the Senate for insights on the early mixed signals about Trumponomics 2.0.
South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during his Senate confirmation hearing to be the country’s next treasury secretary.
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as they prepare to take control of Washington.
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
The stakes have never been higher, but with Bessent at the helm of the Trump economic team, a brighter future is within reach.
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