Newly minted Treasury Secretary Scott Bessent is now the highest ranking openly LGBTQ official in American history. Bessent — who was nominated by President Donald Trump shortly after his election — was confirmed by the U.S. Senate in a 68-29 vote on Jan. 27.

The 62-year-old spent more than three decades in investment banking before becoming an economic adviser for the Trump 2024 campaign.

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ambitious economic agenda.

Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration, favoring preferred shares.

Kash Patel is set to join the Senate Judiciary Committee on Thursday morning to face his nomination hearing to serve as the second Trump administration's FBI director.

Speaker Mike Johnson (R-La.) arrived at this week’s House Republican retreat with hopes of uniting the fractious GOP conference around a plan to pass President Trump’s agenda — but instead, the group is departing south Florida with rising tensions in its ranks.

On Monday, senators voted 68 to 29 to confirm billionaire hedge fund manager Scott Bessent as U.S. Treasury secretary, with 16 Democrats supporting the nomination. In a statement, Public Citizen called Bessent “an oligarch who spent a career serving rich clients,

DOJ didn't identify the fired employees, and it's not yet clear whether they'll challenge their terminations under civil service protection rules.

Scott Bessent, a billionaire hedge fund manager, will lead President Donald Trump 's financial agenda as treasury secretary. Bessent was confirmed in a 68-29 U.S. Senate vote on Monday and sworn in on Tuesday. It is his first time overseeing a sprawling organization or working in government, The New York Times reported .

A federal judge has temporarily blocked a Trump administration freeze on federal grants and loans that could total trillions of dollars and cause disruptions in health care research, education program

President Donald Trump’s rapid reshaping of the federal government continues with executive orders and action from his acting agency