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The Senate Finance Committee grilled President-elect Donald Trump’s choice for Treasury Secretary Thursday. Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts.
A high school basketball coach in South Carolina was arrested after he tried to bring a gun into the school gym after an altercation with another coach, according to police.
Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.
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
The billionaire money manager from South Carolina, Scott Bessent, takes questions from members of the Senate Finance Committee for confirmation to the Treasury Department. Bessent would be the first openly LGBTQ Senate-confirmed Cabinet member in a Republican administration.
The stakes have never been higher, but with Bessent at the helm of the Trump economic team, a brighter future is within reach.
Scott Bessent, President-elect Trump’s pick as Treasury secretary, owns North Dakota farmland on which he earns between $100,000 and $1 million per year, but plans to divest himself of it if he is confirmed,
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.
Senate hearings are scheduled this week for several of Trump’s picks for the Cabinet. Thursday's hearings include Doug Burgum, Scott Turner, Lee Zeldin, Pam Bondi and Scott Bessent. Watch live.
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.