The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.

President-elect Donald Trump’s pick for Treasury secretary testified Thursday before the Senate Banking Committee.

The new Secretary of Treasury has a strong fundamental view of markets and leans pro Bitcoin and cryptocurrency.

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.

President-elect Donald Trump's nominee to lead the Treasury Department said federal spending is "out of control."

Scott Bessent will also resign from Key Square Group, the hedge fund he founded, to avoid conflicts of interest if the Senate confirms him.

Americascategory The migrants on the frontline of Trump’s mass deportation plan 12:59 PM UTC United Statescategory ... Trump's pick for Treasury secretary, Scott Bessent, said on Thursday ...

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.

During the confirmation hearing for Scott Bessent in the Senate this week, Senator Elizabeth Warrant blasted nominee to be Treasury Secretary Scott Bessent over the Trump Administration's proposed Tax Policy.

Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.

Kristi Noem, Donald Trump’s pick to oversee the Department of Homeland Security, will appear before senators for her confirmation hearing. Follow for the latest news about Trump’s presidential transition.