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

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

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

The House passed a bill Thursday that would empower the Treasury Department to eliminate the tax-exempt status of any ...

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

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for ...

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 ...

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

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