If confirmed, Bessent will be tasked with implementing any tax cuts a Republican-controlled Congress may pursue.

Billionaire hedge fund manager and SC native Scott Bessent has been nominated by incoming president Donald Trump to lead the ...

"I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States," Trump said ...

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic ...

Get the latest news on the transition to the new administration of President-elect Donald Trump and a new Congress.

President-elect announced nominations to lead several departments and agencies as he continues to staff his next ...

Scott Bessent, who prevailed after an intense lobbying effort by his allies, emerged over the past year as a trusted Trump ...

Alex Wong was named as principal deputy national security adviser, while Sebastian Gorka will serve as senior director for ...

US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund ...

Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his ...

President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to ...