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.

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

Bessent becomes Trump’s fifth cabinet pick to get confirmed, highlighting the importance lawmakers place on quickly having someone at the Treasury’s helm — and reflecting Bessent’s relatively ...

On January 15, the outgoing Biden administration announced that they were “designating over 250 enablers of Putin’s war against Ukraine” with onerous sanctions. According to the State Department, ...

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

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

Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...

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

President Donald Trump has been talking about tariffs for so long that it feels like we know exactly what’s coming. But we ...

The strategy of applying pressure on Russia to end the war in Ukraine ... and energy leaders were also targeted. Bessent, who described Biden's sanctions as "not fulsome enough," suggested that ...