President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation ...

Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, defended the incoming administration’s economic ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during ...

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Trump's pick for Treasury secretary says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.

The U.S. national debt is projected to surge by $23.9 trillion over the next decade, according to the Congressional Budget Office.

These measures laid the foundation for lasting stability. Bessent’s support for deficit-driven tax cuts, combined with slashing the corporate tax rate, risks undermining these protections.