united states department of the treasury news - Search News

Trump names billionaire Scott Bessent as Treasury chief

Trump names billionaire Scott Bessent as Treasury secretary pick

President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury.

Business Insider on MSN · 7h

Trump's pick for Treasury secretary shows there's a limit to Elon Musk's influence

Trump ally Elon Musk publicly threw his weight behind Howard Lutnick for Treasury secretary. Trump went with Scott Bessent instead.

Reuters on MSN · 11h

Trump taps Scott Bessent for Treasury, capping long drama over choice

Bessent spent his career in finance and gives Wall Street an advocate for tax reform and deregulation. Some call his nomination a 'relief' and say it could reduce the chance of severe tariffs.

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Congressional Republicans continue to introduce bills eliminating the Department of Education

According to the bill, the treasury department will allocate Block grants to states for K-12 and postsecondary education. The ...

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Trump’s Treasury Selection Seen as Calming for Investors

The Treasury secretary oversees U.S. economic and tax policy, and Trump’s nominee will be tasked with carrying out his plans.

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President elect Trump selects SC native to lead US Treasury department

Billionaire hedge fund manager and SC native Scott Bessent has been nominated by incoming president Donald Trump to lead the ...

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