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.

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."

U.S. Treasury nominee Scott Bessent plans to say Thursday during his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age." According to prepared testimony given to The Associated Press,

During his Senate confirmation hearing on Thursday, Scott Bessent, President Donald Trump’s pick for Treasury Secretary, called the national debt “a disaster”

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 pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation

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

Their exchange on the minimum wage shows two views of the world.

Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and wealth for Americans.

Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary nomination.