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

President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.

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Follow along with MarketWatch's live coverage of the Senate confirmation hearing for Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary.

Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American tariffs,

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.

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

Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who might do good or harm.

To get the nomination for Treasury Secretary, Scott Bessent had to win over MAGA, Wall Street and Trump himself.

Treasury secretary nominee Scott Bessent defended President-elect Donald Trump’s economic strategy in a Senate hearing today. The full cost of tariffs will not be passed on to consumers, Bessent said,

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.