This article was updated to correct Sen. Ron Wyden’s (D-Ore.) role on the Senate Finance Committee The Senate Finance Committee voted 16-11 on Tuesday morning to advance

Treasury Secretary designee Scott Bessent’s nomination advanced past ... litigation he is facing involving his method of skirting Medicare taxes on income he amassed from the Key Square Group.

The Senate Finance Committee voted 16-11 to advance Bessent’s nomination, clearing the way for a Senate floor vote in the coming days. Two Democrats — Sens. Mark Warner (D-Va.) and Maggie Hassan (D-N.H.) — joined with the committee’s Republicans in supporting Bessent for the top economic job in Trump’s Cabinet.

Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington National Airport, U.S. officials said on Wednesday.

WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve ... by failing to pay nearly $1 million in Medicare taxes related to his limited partnership ...

The U.S. Senate today confirmed Scott Bessent to be President Donald Trump’s Treasury secretary, giving the billionaire hedge fund manager a central role in shaping the new administration’s policy ambitions around tax cuts and spending and managing economic relationships with allies and adversaries alike.

Scott Bessent, President-elect Donald Trump's choice ... engaged in tax avoidance by failing to pay nearly $1 million in Medicare taxes related to his limited partnership in his hedge fund.

Bessent grew up in Little River with big dreams. He’s suddenly risen so high in national politics that few South Carolinians have ever gone higher.

Disclaimer: This content should not be considered as investment guidance. It is intended solely for informational purposes and does not constitute an offer, recommendation, endorsement, or any ...

Medicare, and veterans health care to give tax breaks to giant corporations and billionaires like [Elon] Musk.” Read the memo Over the years, “other presidents who held refugees on the base ...

Bessent received a bachelor's degree from Yale University in 1984. After graduating, Bessent worked at Brown Brothers Harriman and Kynikos Associates. [5] In 1991, Bessent began working at Soros Fund Management (SFM), where he was the firm's head of ...