The veteran investor will be at the center of President Trump’s efforts to cut taxes, fight inflation and impose stiff tariffs on imports.

The U.S. Senate voted on Monday to confirm Scott Bessent, founder of Key Square Group, as the 79th Treasury secretary. The Senate voted 68-29 to confirm the Wall Street veteran to the post. Bessent had bipartisan support,

Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical to President Donald Trump’s sweeping economic agenda.

Newly confirmed U.S. Treasury Secretary Scott Bessent is advocating a plan to impose universal tariffs on imports, according to the Financial Times. The proposal suggests starting tariffs at 2.5%, increasing by 2.

Donald Trump’s Treasury secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5 per cent and rise gradually, said four people familiar with the proposal.

WASHINGTON (AP) — A Massachusetts man was arrested on weapons charges after he visited the U.S. Capitol on Monday and told police that he wanted to kill top Republicans, including billionaire investor Scott Bessent on the day that the Senate confirmed him as President Donald Trump’s treasury secretary, according to a Tuesday court filing.

US Capitol Police arrested an unhinged man with knives and Molotov cocktails who allegedly intended to murder House Speaker Mike Johnson as well as Trump cabinet appointees Pete Hegseth and Scott

The U.S. Senate could vote to confirm Republican President Donald Trump's nominee for treasury secretary, Scott Bessent, this weekend, Majority Leader John Thune said on Thursday.

Colombia agrees to accept deported migrants; US drops tariff threat but maintains other penalties for now.

Before the election, Bessent said he liked Trump’s economic agenda because it tied together economic policy with national security.

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and tariffs.

The Senate is set to vote Monday on the confirmation of Scott Bessent as treasury secretary, as Senate Republicans work to quickly install President Trump's picks for top administration posts.