5 days ago · WASHINGTON – Scott Bessent was sworn in as the 79th Secretary of the Treasury by Supreme Court Justice Brett M. Kavanaugh on January 28, 2025. Shortly following the ceremony, Mr. Bessent was welcomed at the doors of the U.S. Treasury at 1500 Pennsylvania Avenue by department employees. Mr. Bessent’s first working day included meetings with senior Treasury officials.As Secretary, Mr ...

The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy.

6 days ago · The treasury secretary is responsible for serving as the president’s fiscal policy adviser and managing the public debt. He is also a member of the president’s National Economic Council. With Trump’s return to the White House and his Republican Party controlling majorities in Congress, his outsider Cabinet choices are getting confirmed ...

6 days ago · Bessent testifies before the Senate Finance Committee during his confirmation hearing for Treasury Secretary in the Dirksen Senate Office Building in Washington, D.C., on Jan. 16, 2025.

6 days ago · The Senate on Monday voted 68 to 29 to confirm Scott Bessent to be President Trump’s Treasury secretary, putting in place the new administration’s top economic official who will steer an ...

6 days ago · The treasury secretary is responsible for serving as the President’s fiscal policy adviser and managing the public debt. He is also a member of the President’s National Economic Council.

Nov 23, 2024 · President-elect Donald Trump named billionaire Scott Bessent as his pick to serve as the next secretary of the Department of the Treasury. “Scott has long been a strong advocate of the America...

6 days ago · Bessent, 62, becomes the nation’s 79th Treasury secretary and the first openly gay person to hold the position.

Nov 23, 2024 · President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary.

Nov 23, 2024 · WASHINGTON (AP) — President-elect Donald Trump announced Friday that he’ll nominate billionaire hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary, one of several personnel decisions that he unveiled as he closed out the workweek.