The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump's treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth.

The Senate on Monday confirmed Scott Bessent to serve as Treasury secretary in the Trump administration, making him the highest-ranking openly gay government official in U.S. history.

Over more than three hours, Bessent calmly fielded questions from Democrats and praise from Republicans. Sen. Mike Crapo, the Idaho Republican who now chairs the committee, praised Bessent for his "very, very straightforward, courteous, and honorable ...

The Senate's confirmation of Scott Bessent as Treasury Secretary brings a pro-crypto, anti-CBDC leader to head the Treasury Department

Scott Bessent is set to take the office as the US Treasury Secretary in President Donald Trump’s administration team.

Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.

The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.

Scott Bessent has been an outspoken advocate for digital assets and hopes to being more regulatory clarity and crypto-favourable policies.

The U.S. Senate has officially confirmed Scott Bessent as the 79th Treasury Secretary, marking a significant shift in the nation’s financial landscape. Known for his pro-crypto stance, Bessent’s appointment signals a more progressive approach toward digital assets under the Trump administration.

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and

Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already triggering global jitters.