Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate floor as soon as this week. All of the panel’s Republicans voted yes, along wit

The Senate Finance Committee on Jan. 21 advanced the nomination of Scott Bessent, President Donald J. Trump’s pick for Treasury secretary, in a 16-11 vote. All 14 committee Republicans and two Democrats supported Bessent’s nomination, which will now head to the full Senate for consideration.

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and Jobs Acts, tax filing deadlines, and more

The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary.

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."

Bessent told lawmakers that President-elect Donald Trump has an opportunity to unleash 'a new economic golden age'

Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement and will ensure the IRS has the tools needed for audits.

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.

WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent plans to say Thursday ... including the Internal Revenue Service. The IRS received a massive boost in funding from Democrats’ Inflation ...

President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue from foreign sources.