Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
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.
The US Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for US President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.
I’m not looking to hurt Russia,” President Donald Trump recently declared in a statement he posted on his TruthSocial account. “I love the Russian people, and always had a very good relationship with President Putin.
President Trump's nominees for top posts in his administration are gearing up for their Senate confirmation hearings, which kicked off earlier this month.
More of President Donald Trump's picks for his cabinet are expected to be confirmed by the U.S. Senate in the coming days after the Republican-controlled
More of President Donald Trump's picks for his cabinet are expected to be confirmed by the U.S. Senate in the coming days after the Republican-controlled
The US Senate is widely expected to confirm billionaire hedge fund manager Scott Bessent for Treasury secretary Monday, putting him at the forefront of implementing Donald Trump's economic agenda -- which is already sparking global jitters.
Ukrainian diplomacy on Wednesday, threatening Moscow with sanctions and calling on President Vladimir Putin to make a deal for the sake of his economy.
Scott Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president's tax cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status.