U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...

The fund manager will face senators at a confirmation hearing on Thursday ...

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...

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

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

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Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they ...

The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in ...

Hedge fund manager Scott Bessent, President-elect Donald Trump's pick for Treasury Secretary, will appear before the Senate ...

Markets will be monitoring Scott Bessent's Thursday sitdown with the Senate for insights on the early mixed signals about ...

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