During his remarks from the Senate floor today on the confirmation vote for Scott Bessent's Treasury Secretary nomination, Senator Ron Wyden blasted Bessent over his qualification for the role.

Duing the confirmation hearing for Scott Bessent in the Senate this week, Senator Ron Wyden went scorched earth on nominee to be Treasury Secretary, Scott Bessent.

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.

Neeraj Singh joins the Buffalo, New York-based bank after a four-year stint at USAA, which has seen an exodus of top executives. The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.

Scott Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president Donald Trump's tax-cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status.

Bessent, a Wall Street veteran who grew up in South Carolina, has praised the Republican president’s plans to slash taxes and impose tariffs while calling for measures to protect supply chains and the

Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.

Democratic senators have grilled three of President Donald Trump’s cabinet picks during their confirmation hearings. Robert F. Kennedy Jr. on Thursday had the second of two confirmation hearings for h

The U.S. Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.

As Treasury Secretary and one of Trump’s top economic advisers, Bessent will be responsible for helping to implement his economic policy agenda, including efforts to impose broad-based tariffs and extend the Tax Cuts and Jobs Act (TCJA), which was enacted in 2017 under then-President Trump but is largely set to expire at the end of 2025.

Bessent becomes Trump’s fifth cabinet pick to get confirmed, highlighting the importance lawmakers place on quickly having someone at the Treasury’s helm — and reflecting Bessent’s relatively drama-free confirmation hearing.