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

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 ...

Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect Donald Trump’s intended Treasury secretary nominee, Scott Bessent.

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 ...

(Bloomberg) -- Scott Bessent, President-elect Donald ... much longer than the typical 90-day disclosure window. Bessent said he’d recuse himself from specific decisions that would have a ...

Scott Bessent, President-elect Trump's pick for Treasury Department secretary, plans to talk about Trump's economic vision for the nation during his Senate confirmation hearing on Thursday.

(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 ...