Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

The treasury secretary nominee said he has no qualms about tightening sanctions against Russia and Russian energy products if Trump is in favor of doing so.

President-elect Donald Trump’s pick for Treasury secretary testified Thursday before the Senate Banking Committee.

President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so.

Senate Finance Committee members will introduce legislation to stop companies from deducting or claiming credits on taxes ...

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on ...

Scott Bessent faced questioning by lawmakers from the Senate Finance Committee earlier Thursday as part of his confirmation hearing as a Trump Cabinet nominee. With President-elect Donald Trump's ...

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the ...

5. Sanctions could get stronger Bessent voiced support for intensifying sanctions on Russia and Iran. Sanctions on Russia, in ...

Scott Bessent to say at his confirmation hearing that Donald Trump has opportunity to unleash “new economic golden age.” ...

Scott Bessent, U.S. President-elect Donald Trump’s nominee for Treasury secretary, pledged to support sanctions against Russia, including measures targeting its major oil companies. He made the ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.