Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...

The Senate Finance Committee voted 16-11 Tuesday to support Scott Bessent’s nomination ... Republicans described Bessent as well-qualified. Sen. Ron Wyden (D., Ore.) objected, pointing in ...

By Alan Rappeport Reporting from Washington Scott Bessent, the billionaire hedge fund manager whom President-elect Donald J. Trump picked to be his Treasury secretary, plans to divest from dozens ...

Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its ...

(Bloomberg) -- Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on the Russian oil industry to end the war in Ukraine.

Maintaining the dollar as the world’s reserve asset is critical to US economic health and the nation’s future, Scott Bessent, Donald Trump’s nominee for Treasury secretary, will tell a ...

Ron Wyden (D-Ore.). A spokesperson from the Trump transition denied the allegations. “Scott Bessent has paid his taxes,” they said. “After providing thousands of pages of records through an ...