President-elect Trump's nominee to serve as Treasury secretary, Scott Bessent, has a 3-3-3 plan that aims to curb budget deficits while spurring economic growth and energy production.

Treasury Secretary Scott Bessent on Sunday threw shade at tech mogul Elon Musk’s bid to launch a new political party — sniping that the billionaire simply isn’t popular enough to pull it off ...

Scott Bessent is President-Elect Trump’s pick to be the treasury secretary, a role that spans oversight of the $28 trillion market for US government debt to economic sanctions.

Treasury Secretary Scott Bessent said a “formal process” to find a successor for Fed Chair Jerome Powell has already started. Bloomberg Surveillance “There’s been a lot of talk of a shadow ...

Bessent believes that deregulation, reordered global trade and lower government spending can pay for tax cuts. The actions of U.S. Treasury Secretary Scott Bessent will be key to how the financial ...

Explore Scott Bessent's confirmation as U.S. Treasury Secretary and his plans for tax cuts, economic growth, and fiscal policy.

Bessent would be taking over the role next year, as the 2017 Trump tax cuts expire. A full sunset of the law in 2026 would raise taxes for 62% of households, according to Tax Foundation estimates.

Treasury Secretary Scott Bessent implied he wouldn’t take advice from any Democratic politicians because “we inherited a mess” after the party was in power. Bessent dismissed Jeffries’s ...

Treasury Secretary Scott Bessent warned that Congress could set off a financial crisis if it fails to pass the Republican tax cuts and spending bill. Bessent made the remarks in testimony before ...

Treasury Secretary Scott Bessent said there is "an incredible opportunity" for the US and China to achieve what he terms a "beautiful rebalancing" on Wednesday, at an event held by the Institute ...

Scott Bessent, President-elect Donald Trump’s choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol in Washington ...

Treasury Secretary Scott Bessent testified before the House Financial Services Committee on Wednesday, where he spoke about how the Trump administration plans to regulate the digital asset industry.