A U.S. judge clarified on Tuesday that an order restricting billionaire Elon Musk's government cost-cutting effort from ...

Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the first Senate-approved LGBTQ+ member in a Republican cabinet.

Stephen J. Squeri, Chairman and CEO of American Express Co. (NYSE:AXP), has sold a significant portion of his holdings in the ...

President Donald Trump nominated Bessent, who founded Key Square Capital Management, late last year, after Bessent worked as an economic advisor for him on the campaign trial.

Doug Burgum, money manager Scott Bessent, entrepreneur Jared Isaacman, real estate tycoon Steven Witkoff and investment banker Warren Stephens. With the exception of Musk and Ramaswamy – who ...

Bessent was confirmed on a 68-29 vote by the ... During Trump's first term as president, Steven Mnuchin served as treasury secretary for the duration of the four-year term after he was confirmed ...

“He went Ivy League and has an elite Wall Street pedigree, but he’s a true populist — he’s MAGA to his core,” said Steve Bannon, Trump’s former chief strategist, who championed Bessent ...

U.S. President Donald Trump signed an executive order Monday afternoon charging the Treasury and Commerce Departments with ...

The US Senate confirmed Scott Bessent as the next secretary of the ... Trump’s first Treasury chief, Steven Mnuchin, garnered a single Democratic vote in his 2017 confirmation.

Warner, who had worked with former Treasury Secretary Steven Mnuchin on CDFI expansion, pressed Bessent on his stance regarding further support for these institutions. Bessent expressed his commitment ...

Sen. Steve Daines (R-Mont.), a member of the Finance Committee, said he expects Bessent to focus on “the importance of making the Trump tax policy permanent this year.” If confirmed ...

Trump’s first Treasury chief, Steven Mnuchin, garnered a single Democratic vote in his 2017 confirmation. Bessent becomes Trump’s fifth cabinet pick to get confirmed, highlighting the ...