Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the first Senate-approved LGBTQ+ member in a Republican cabinet.

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Trump’s Treasury nominee takes center stage Scott

Scott Bessent, President-elect Trump's pick for treasury secretary, will appear for a Senate Finance Committee confirmation hearing on Thursday, where he will discuss the incoming president's economic vision.

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

"Nothing I can immediately think of," Bessent responded. A South Carolina native turned Wall Street investor, Bessent repeatedly argued that he would prioritize Main Street consumers over his wealthy peers. "I believe Wall Street has done great the past ...

I believe that President Trump has a generational opportunity to unleash a new economic golden age that will create more jobs, wealth and prosperity for all Americans,” Bessent said.

The billionaire money manager from South Carolina takes questions from members of the Senate Finance Committee. Bessent would be the first openly LGBTQ Senate-confirmed Cabinet member in a ...

Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, plans to tell senators during his confirmation hearing the next four years will present an opportunity for an “economic

House G.O.P. Floats Medicaid Cuts and More to Finance Trump’s Huge Agenda President Trump wants a massive tax cut and immigration crackdown bill. Republicans must decide what to cut to help pay ...

Disclaimer: This content should not be considered as investment guidance. It is intended solely for informational purposes and does not constitute an offer, recommendation, endorsement, or any ...

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.