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The Latest Breaking News from Scott Bessent

Senate To Vote On Treasury Secretary Confirmation

Senate prepares to confirm Scott Bessent for Treasury Department, focusing on extending tax cuts and the impact of the 2017 Tax Cuts and Jobs Act on the ec...

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Lawmakers Set To Confirm Scott Bessent For US Treasury Chief

The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump's economic agenda -- which is already sparking global jitters.

International Business Times

Tracking Trump cabinet confirmations – so far

Donald Trump’s picks for top posts in his administration have tested the loyalty of Senate Republicans

The Guardian - US

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Senate GOP plows through Trump nominations as House GOP huddles at Trump club - Roll Call

The Senate keeps processing President Donald Trump’s nominees this week with the House GOP holds a strategy retreat.

Roll Call

Will Trump Bring Forth The Golden Age Of Crypto?

Trump became the first presidential winner to accept campaign contributions in cryptocurrencies.

International Business Times

Senate Votes To Advance Scott Bessent's Treasury Secretary Nomination

Senate breaks filibuster on Scott Bessent's treasury secretary nomination, moving towards confirmation. President Trump's Cabinet appointment process scrut...

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Senate Schedules Confirmation Votes For Treasury And Transportation Secretaries

Senate confirmation votes for treasury and transportation secretaries with bipartisan support. Crucial for government leadership.

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Senate To Vote On Confirming Kristi Noem As Homeland Secretary

Senate to vote on confirming homeland security and treasury secretaries. Impact on national security and economic policies.

Top News

Wealthy Trump appointees are flocking to Washington, D.C., and looking for luxury homes

President Donald Trump’s rich Cabinet picks are either buying or looking for lavish houses in the capital, the Wall Street Journal reported.

Fortune

Why the 10-Year U.S. Treasury Yield Is So Important Right Now

Multiple indicators will track performance and sentiment during the second Trump administration. Here's why the 10-year U.S. Treasury yield is one to watch.

Kiplinger

Senate Finance Committee Votes On Confirmation Of Treasury Secretary Nominee

The Senate Finance Committee is voting on Scott Bessent's confirmation as Treasury secretary. Bessent's financial expertise and views on fiscal responsibil...

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Scott Bessent Challenges Sen. Wyden On Clean Energy Race

Discussion between Bessent and Sen. Wyden on U.S.-China energy competition and policy priorities.

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Senate To Question Trump Nominees For Key Cabinet Positions

Senate scrutinizes Trump's nominees like Doug Collins and Elise Stefanik for key administration roles.

Top News

Finance Democrats seek assurances from Bessent on taxes ahead of vote - Roll Call

Senate Finance Democrats want Scott Bessent to submit to an IRS audit and release his tax filings ahead of panel vote Tuesday.

Roll Call

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Fortune

With Trump 2.0, the balance of power shifts from banks to Silicon Valley

What the new administration could mean for financial technology—and beyond.

Top News

Trump's Cabinet Picks Face Senate Confirmation Hearings

Senate confirmation hearings for President-elect Trump's Cabinet picks discussing qualifications and plans.

The Guardian - UK

Trump versus the bond market: president-elect’s campaign rhetoric puts investors on edge

Some analysts fear ballooning federal debt and a bullish stock market means ‘something will surely snap’

AAP

World economy holds breath on eve of Trump inauguration

Australian home building data will be scrutinised for signs of progress on housing supply as economists await Donald Trump's first policies as US president.

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The Independent UK

CBO projects U.S. debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump

The Guardian - US

Trump says he had ‘good’ call with China’s Xi about TikTok and trade

World leaders also reportedly discussed Taiwan and fentanyl in first direct contact since 2021

Salon

Tech's war on "woke" is a war on workers

Mark Zuckerberg wants "masculine energy" and "aggression" at the office — sounds like a toxic workplace

Kiplinger

Stock Market Today: Stocks Pause After a Big Rally

The Nasdaq continues to lag the S&P 500 and the Dow so far in 2025.

Latin Times

Trump Treasury Nominee Claims Foreign Companies Will Pay the Most for Increased Tariffs. An Independent Report Found Otherwise

Oregon Sen. Ron Wyden dismissed treasury nominee Scott Bessent's claim, calling it "bologna" and reiterating his belief that workers and small businesses would actually pay the most.

Latin Times

Trump's Billionaire Treasury Nominee Says Federal Minimum Wage Should Remain at $7.25 Per Hour

During his Senate confirmation hearing, Trump's Treasury nominee—billionaire Scott Bessent—clearly stated his opposition to raising the federal minimum wage.

Top News

Trump's Treasury Pick Argues For Tariffs On Chinese Goods

Scott Bessent discusses trade policies and China's economic impact in Senate hearing.

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