The Senate Finance Committee voted to approve President Donald Trump’s pick to lead the Treasury Department, hedge fund manager Scott Bessent. He will now move to a final confirmation vote in the Senate.

Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.

The Senate Finance Committee on Jan. 21 advanced the nomination of Scott Bessent, President Donald J. Trump’s pick for Treasury secretary, in a 16-11 vote. All 14 committee Republicans and two Democrats supported Bessent’s nomination, which will now head to the full Senate for consideration.

Scott Bessent’s Thursday sitdown with the Senate is set to be far from the spotlight during this week of dramatic confirmation hearings in Washington, but it could provide nuggets for market watchers trying to sort out some of the early mixed signals about Trumponomics 2.

U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”

The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full Senate for approval.

If Bessent is confirmed, as expected, he’ll be at the center of Trump’s agenda of extending tax cuts, imposing sweeping tariffs and rolling back financial regulations. He will

Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S. President Donald Trump's pick as Treasury secretary, Scott Bessent, could occur next week.

The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.