The US Senate confirmed Scott Bessent as Treasury Secretary. He faces balancing tax cuts with deficit control and crafting a tariff strategy, becoming the first openly gay person in the role.

Scott Bessent has been confirmed as US Treasury Secretary, advocating for universal tariffs starting at 2.5%. He aims to eliminate taxes, implement a consumption tax, and adopt a gold-backed currency,

The Senate confirmed on Monday Scott Bessent, a Wall Street veteran and campaign ally of President Donald Trump, as treasury secretary, one of the highest-profile cabinet posts. Bessent won ...

The fund manager will face senators at a confirmation hearing on Thursday

The U.S. Senate voted 68-29 to confirm Scott Bessent as Treasury Secretary, making him the highest-ranking gay official in the United States.

Billionaire hedge fund manager and Donald Trump nominee Scott Bessent won Senate approval on Monday to become US Treasury secretary. | TAG24

Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.

Scott Bessent, a South Carolina resident and billionaire investor, was confirmed by the U.S. Senate on Monday.

The Senate confirmed Scott Bessent as treasury secretary, filling a key role in President Donald Trump's Cabinet with Bessent expected to help orchestrate Trump's economic agenda.

President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as diplomatic leverage.

Bessent grew up in Little River with big dreams. He’s suddenly risen so high in national politics that few South Carolinians have ever gone higher.