Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.

The ceasefire and hostage deal between Israel and Hamas sparked a glimmer of hope for a family with ties to Connecticut.

President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is interested in potentially enacting tariffs on carbon emissions.

Bessent is a former protégé of George Soros, the billionaire investor and Democratic mega donor. After Trump won the election in November, Bessent won an unusually public – and messy – contest to be nominated for the Treasury Secretary role.

Here are five key things investors need to know to start the trading day: Buoyed by a cooler-than-expected CPI report and a slew of blowout bank earnings, all three major averages surged Wednesday for their best day since Nov.

Trump Treasury Secretary pick Scott Bessent testifies during his Senate confirmation hearing.

Scott Bessent, Donald Trump’s nominee for treasury secretary, made it clear during his confirmation hearing Thursday that he’s only interested in protecting the interests of the rich and powerful. The hedge fund manager with a net worth of at least $500 million repeatedly spiked down questions about whether he would support working-class priorities.

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

Trump’s pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation

Two more of President Trump's Cabinet picks, Doug Collins and Elise Stefanik, will receive confirmation hearings on Tuesday. His Treasury nominee, Scott Bessent, will get a committee vote.

Scott Bessent, the investor selected by President-elect Donald Trump to be his Treasury secretary, will divest from his Key Square Group hedge fund and other investments, according to a letter to the Treasury Department's ethics office.

Treasury nominee Bessent a shoo-in Trump’s foreign policy steps into unstable world Gaza truce back on track Inauguration Day primer President-elect Trump won the