Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his confirmation hearing.

Mr. Bessent called the extension of the 2017 Trump tax cuts ‘the single most important economic issue of the day.’

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 pick for Treasury secretary testified Thursday before the Senate Banking Committee.

Donald Trump's pick for Treasury secretary repeatedly defended a range of tariff ideas during his confirmation hearing before Senate lawmakers Thursday.

South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during his Senate confirmation hearing to be the country’s next treasury secretary.

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary, with questions about his fitness to hold the office based

Asked whether Congress should abandon the federal debt ceiling, Bessent said that if Trump requested that, he would work with Congress to make it happen

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The Senate is ramping up its confirmation hearings for President-elect Donald Trump's Cabinet nominees, with key figures like Scott Bessent, Doug Bur

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary, with questions about his fitness to hold the office based on a review of his tax returns.