Scott Bessent, President-elect Trump’s pick as Treasury secretary, owns North Dakota farmland on which he earns between $100,000 and $1 million per year, but plans to divest himself of it if he is confirmed,

The Treasury secretary nominee cultivated allies in Trump’s orbit who have come to see him as a brainy avatar of their vision.

Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.

Confirmation hearings for President-elect Trump’s Cabinet picks are in full swing again Thursday as the Senate works to screen his controversial nominees.  Committees will hear from the contenders

Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.

Ahead of his confirmation hearing for Treasury, billionaire hedge-fund manager Scott Bessent outlined holdings that could pose a conflict of interest and said he would divest.

Wealthy hedge fund executive Scott Bessent – whose confirmation hearing for treasury secretary is slated for Thursday – has hundreds of millions of dollars in assets and owns property from North Dakota to the Bahamas.

Latest news and live updates as the Trump administration prepares for office next week. Follow live as Senate confirmation hearings continue for attorney general pick Pam Bondi.

Their exchange on the minimum wage shows two views of the world.

Four of President-elect Trump's cabinet nominees, including Scott Bessent for Treasury Secretary, Doug Burgum for Interior Secretary, Lee Zeldin for EPA, and Scott Turner for HUD, will face Senate confirmation hearings on Thursday.

Trump's picks to lead four federal agencies testified without the flashes of anger that marked Pete Hegseth and Pam Bondi's earlier showdowns.

The Senate is ramping up its confirmation hearings for President-elect Donald Trump's Cabinet nominees, with key figures like Scott Bessent, Doug Bur