The Senate voted 68 to 29 to confirm Scott Bessent, a billionaire hedge fund manager, as the next Treasury secretary. Needed for confirmation Needed for confirmation Mr. Bessent, who formerly ...

Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.

27 (UPI) --The U.S. Senate confirmed billionaire investor Scott Bessent on Monday ... Leader John Thune, R-S.D., said. Related Treasury secretary nominee Bessent favors tax cuts, China tariffs ...

He has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Jobs Act that are set to expire Dec. 31, 2025.

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In a mostly bipartisan vote, the Senate confirmed Scott Bessent as Treasury secretary on Monday, solidifying his role to advance Trump’s economic agenda.

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was

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.

Wall Street investor Scott Bessent was confirmed as the next Treasury Secretary by the Senate on Monday. Bessent is a wealthy hedge fund manager who's seen as a business-friendly choice. He was confirmed by a vote of 68 to 29, signaling a degree of bipartisan support for the new Treasury Secretary.