Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

Treasury Secretary nominee Scott Bessent said he would support hiking sanctions against Russia if President-elect Donald Trump directs him to do so and accused President Joe Biden of playing ...

Trump Treasury Secretary pick Scott Bessent testifies during his Senate confirmation hearing. Andrew Tilton, chief ...

Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...

to levels that would bring the Russian Federation to the table. Hedge fund founder Scott Bessent, Donald Trump's pick for Treasury secretary, will appear before the Senate Finance Committee on ...

Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's ...

Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...

Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical ...

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as ... president’s influence and that U.S. sanctions on Russian oil should be more aggressive.