The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia ...

Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation ...

Scott Bessent said passing new tax legislation is a huge economic concern for the country, including for working- and middle-class families.

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, defended the incoming administration’s economic ...

South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during ...

Trump's pick for Treasury secretary says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.

WASHINGTON — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS ...

These measures laid the foundation for lasting stability. Bessent’s support for deficit-driven tax cuts, combined with slashing the corporate tax rate, risks undermining these protections.

Finance Committee Democrats are expected to hammer Bessent on his plans for extending the 2017 tax cuts for individuals and small businesses that expire at the end of this year. Budget forecasters ...

Bessent is set to at least kick things off today with some focus on his background and his ambitions to implement “a new economic golden age.” "We must make permanent the 2017 Tax Cuts and ...

Every Republican president since has used (and abused) a famous napkin sketch to pretend that tax cuts always pay for themselves. Now, Scott Bessent, President-elect Donald Trump’s choice for ...