Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.

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

The stakes have never been higher, but with Bessent at the helm of the Trump economic team, a brighter future is within reach.

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."

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 fund manager will face senators at a confirmation hearing on Thursday

Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just to frame this for everyone in the room,

The pendulum is fast moving back in favour of business as the incoming US president fills the world’s most powerful economic roles.

Some of Donald Trump's picks for his cabinet are expected to be confirmed by the U.S. Senate this week after the chamber held more than a dozen confirmation hearings last

WASHINGTON (AP) — Senators returned to the Capitol Monday for a late-evening session pushing ahead on President Donald Trump’s Cabinet picks, with voting possible to confirm Sen. Marco Rubio as the nation’s secretary of state on Inauguration Day.