Investors rejoice at Scott Bessent confirmation testimony
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
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Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
Bessent pledged to maintain a free IRS tax filing system at least for the 2025 tax season, while studying whether it should continue after that.
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Trump's treasury pick warns of "economic calamity" if 2017 tax cuts aren't renewed
The biggest takeaway from Treasury secretary-designee Scott Bessent's confirmation hearing is that it's a safe bet he will be ...
Stock market today: Nasdaq jumps to lead Dow, S&P 500 higher as techs, rate-cut hopes revive
Investors are appraising Trump policies' likely impact on stocks on the last trading day before the inauguration.
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Treasury secretary nominee Bessent owns North Dakota farmland
Scott Bessent, President-elect Trump’s pick as Treasury secretary, owns North Dakota farmland on which he earns between $100,000 and $1 million per year, but plans to divest himself of it if he is ...