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.

President-elect Donald Trump’s pick for Treasury secretary testifies Thursday before the Senate Banking Committee.

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Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington National Airport, U.S. officials said on Wednesday.

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 ...

Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -- which is already triggering global jitters.

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 ...

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

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 ...

The U.S. Senate confirmed Scott Bessent Monday to serve as President Donald Trump’s Treasury secretary, making the longtime hedge fund manager the point person for the new administration on a ...

Bessent is a former protégé of George Soros, the billionaire investor and Democratic mega donor. After Trump won the election in November, Bessent won an unusually public – and messy ...