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

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting ...

Bessent will now have the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on ...

Bessent has said the U.S. faces economic calamity if Congress does not renew key provisions of Trump’s Tax Cuts and Job Act ...

Trump took his time before settling on Bessent as his nominee. He also mulled over billionaire investor John Paulson and Howard Lutnick, whom Trump tapped for commerce secretary. The treasury ...

Mr Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of the ...