President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of ...

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

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

Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent ...

According to the bill, the treasury department will allocate Block grants to states for K-12 and postsecondary education. The ...

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

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

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

The U.S. House passed legislation that would give the Treasury Department unilateral authority to strip the tax-exempt status ...

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

President-elect Donald Trump chose Scott Bessent to lead the Treasury Department late Friday evening. “I am most pleased to ...

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