The fund manager will face senators at a confirmation hearing on Thursday

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could make him the first openly gay cabinet member of a Republican administration.

Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."

Donald Trump’s nominee for secretary of the Treasury, Scott Bessent, who lives in Charleston, South Carolina with his husband and family, could become first Senate-approved LGBTQ+ member in a Republican cabinet.

Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just to frame this for everyone in the room,

Scott Bessent, Donald Trump's pick to serve as Treasury Secretary, handled a policy-heavy confirmation hearing with poise, highlighting his preference for relaxed bank regulation, support of the 2017 Trump tax cuts and a hawkish approach to spending.

Trump's Treasury pick Scott Bessent argued against a US digital dollar, saying CBDCs suit countries lacking other investment options.

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

The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as they prepare to take control of Washington.

The treasury secretary nominee said he has no qualms about tightening sanctions against Russia and Russian energy products if Trump is in favor of doing so.