Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s Treasury nominee takes center stage Scott
The Senate Finance Committee grilled President-elect Donald Trump’s choice for Treasury Secretary Thursday. Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts.
The stakes have never been higher, but with Bessent at the helm of the Trump economic team, a brighter future is within reach.
A high school basketball coach in South Carolina was arrested after he tried to bring a gun into the school gym after an altercation with another coach, according to police.
Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, plans to tell senators during his confirmation hearing the next four years will present an opportunity for an “economic
Senate hearings are scheduled this week for several of Trump’s picks for the Cabinet. Thursday's hearings include Doug Burgum, Scott Turner, Lee Zeldin, Pam Bondi and Scott Bessent. Watch live.
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.
In one of her last acts as Treasury secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from
The party is united in personal loyalty to the president-elect, but it is now made up of multiple groups with very different agendas