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

In his confirmation hearing, Bessent warned that failure to renew $4 trillion in tax cuts expiring at the end of this year would be a "calamity" for middle-class Americans, and made the case that ...

WASHINGTON — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting ...

Jan. 27 (UPI) --The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and ...

Bessent, meanwhile, takes issue with his tax ... calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Jobs Act that are set to expire Dec. 31, 2025. Negotiating the ...

Other Democrats have voiced support for Bessent, including Sen. Chris Coons, D-Del. “While I disagree with many of his policy positions, particularly his support for extending tax cuts for the ...

Jan. 16 (UPI) --President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent. Members of the U.S ...