Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the first Senate-approved LGBTQ+ member in a Republican cabinet.

Treasury secretary nominee Scott Bessent defended President-elect Donald Trump’s economic strategy in a Senate hearing today. “I believe Wall Street has done great the past few years and that Main Street has suffered,

Bessent is a former protégé of George Soros, the billionaire investor and Democratic mega donor. After Trump won the election in November, Bessent won an unusually public – and messy – contest to be nominated for the Treasury Secretary role.

Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.

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

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

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

Scott Bessent wasn’t a familiar name in Republican political circles before Donald Trump nominated him to be Treasury secretary. “You know Scott Bessent?” Trump asked his guests from the stage of a reception this month at Mar-a-Lago.

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."

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.

Treasury Secretary nominee Scott Bessent sparred with the Senate Finance Committee over the future direction of fiscal policy in the Trump administration that will be trying to tackle major tax legislation.