Scott Bessent defended tariffs and argued for tax-cut extensions during his confirmation hearing as President-elect Donald ...

President-elect Donald Trump’s pick to run the Treasury Department does not expect the incoming president’s proposed tariffs ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation ...

Follow along with MarketWatch's live coverage of the Senate confirmation hearing for Scott Bessent, President-elect Donald ...

Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement and will ensure the IRS has the tools needed for audits.

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation ...

Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.

Under questioning from U.S. Sen. Elizabeth Warren, D-Mass, Bessent said he was open to raising the debt ceiling if Trump wanted to do so. However, he likened removing the debt ceiling to removing a ...