Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...

Treasury Secretary nominee Scott Bessent said he would support hiking sanctions against Russia if President-elect Donald Trump directs him to do so and accused President Joe Biden of playing ...

Trump Treasury Secretary pick Scott Bessent testifies during his Senate confirmation hearing. Andrew Tilton, chief ...

to levels that would bring the Russian Federation to the table. Hedge fund founder Scott Bessent, Donald Trump's pick for Treasury secretary, will appear before the Senate Finance Committee on ...

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 ...

Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...

The Treasury secretary nominee supports tightening sanctions on the Russian oil sector “to levels that would bring the Russian Federation to the table.” Scott Bessent, President-elect Donald ...

Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent and that he is ready to impose tougher sanctions on Russia's ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on the Russian oil industry to end the war in Ukraine. If requested by ...