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.

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 Treasury secretary nominee cultivated allies in Trump’s orbit who have come to see him as a brainy avatar of their vision.

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

Their exchange on the minimum wage shows two views of the world.

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

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

Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. “This is the single most important economic issue of the day,” Bessent told the committee.

Senate Democrats are circulating a memo claiming that President-elect Donald Trump’s nominee for Treasury secretary, Scott Bessent, improperly claimed nearly $2 million in tax losses and owes ...

Who: Scott Bessent Nominated for: Secretary of Treasury You might know them from: The longtime investor and hedge fund manager was little known outside of Wall Street until he became one of the top economic advisers to President-elect Donald Trump's campaign.