Latest in Demand Bessent Meeting
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Democrats demand Bessent meeting over DOGE 'chaos' at Treasury
Senate Democrats on Wednesday demanded Treasury Secretary Scott Bessent attend a meeting with the Democratic Caucus "as soon as possible" to answer questions about the Department of Government ...The Hill - 14h -
Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out
Bessent, a former hedge-fund manager, was confirmed as head of the Treasury Department last week.CNBC - 3d -
Trump taps Bessent to lead consumer bureau as GOP plots big changes
President Trump has tapped Treasury Secretary Scott Bessent as the acting chief of the Consumer Financial Protection Bureau (CFPB). “I look forward to working with the CFPB to advance President ...The Hill - 3d -
Marco Rubio meets with Panama's president amid President Trump's demands over Panama Canal
U.S. Secretary of State Marco Rubio met with Panama's president Sunday and warned the increased presence of Chinese companies and interests along the Panama Canal is "a threat" and the U.S. could ...CBS News - 3d -
Warren Questions Bessent Over Musk Access to Treasury Payment System
In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.The New York Times - 3d -
German defence groups turn to car supplier layoffs to meet soaring demand
Air defence radar maker Hensoldt offers to hire laid off engineers from Bosch and Continental as automotive job cuts riseFinancial Times - 6d -
Capitol Police arrest man with Molotov cocktails attempting to target Johnson, Hegseth, Bessent
The U.S. Capitol Police arrested a man with Molotov cocktails and knives who was allegedly attempting to kill House Speaker Mike Johnson (R-La.) and President Trump’s two recently confirmed ...The Hill - Jan. 28 -
Bessent pushes gradual 2.5% universal US tariffs plan
Trump’s Treasury secretary wants levies to rise month by month in order to give businesses time to adjustFinancial Times - Jan. 28 -
Scott Bessent wins Senate confirmation as Treasury secretary
The Wall Street veteran won the Senate's confirmation to be Treasury secretary. The vote was 68-29.CNBC - Jan. 28 -
Bessent makes history at Treasury as highest-ranking LGBTQ official
The Senate on Monday confirmed billionaire hedge fund manager and investor Scott Bessent as President Trump’s Treasury secretary, making him the highest-ranking LGBTQ official in the nation’s ...The Hill - Jan. 28 -
Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.The New York Times - Jan. 27 -
Senate confirms Scott Bessent as Treasury secretary
The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.CBS News - Jan. 27 -
Senate confirms Scott Bessent as Trump's Treasury secretary
Scott Bessent on Monday secured confirmation to lead the Department of the Treasury, putting President Trump’s top economic nominee in place ahead of a daunting GOP push to enact Trump's ambitious ...The Hill - Jan. 27 -
Senate confirms Scott Bessent as treasury secretary
President Donald Trump is set to attend a high-profile policy conference with House Republican lawmakers in his home state of Florida. Trump first landed in Miami on Saturday and has been at his ...NBC News - Jan. 27 -
Senate tees up final vote on Bessent nomination to lead Treasury
The Senate on Saturday voted to advance Scott Bessent’s nomination to become the next secretary of the Treasury, putting him in line to be confirmed on Monday. Senators voted 67-23 to tee up final ...The Hill - Jan. 25 -
When peak Chinese oil demand meets ‘drill, baby, drill’
Trump’s slogan is a bet on the energy status quo, not on the futureFinancial Times - Jan. 23 -
South Carolina to Reboot Giant Nuclear Project to Meet AI Demand
Santee Cooper is working with bankers to solicit interest in V.C. Summer.The Wall Street Journal - Jan. 22 -
Senate panel advances Bessent nomination
The move clears the way for a Senate floor vote in the coming days.Politico - Jan. 21 -
Swissquote Expects Results To Beat Views on Crypto Demand
The online bank said its results for 2024 should exceed market expectations as it was boosted by cryptocurrency trading.The Wall Street Journal - Jan. 17 -
Bessent's big day
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's Treasury nominee takes center stage Scott Bessent, President-elect ...The Hill - Jan. 16 -
Trump nominees Burgum, Bessent and other picks sit for Senate confirmation hearings
President-elect Donald Trump's picks for the Treasury, Housing and Urban Development and Interior departments, along with the Environmental Protection Agency, went before lawmakers on Thursday. ...CBS News - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
Bessent calls for stronger Russia sanctions at treasury confirmation hearing
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.CBS News - Jan. 16 -
Scott Bessent believes federal minimum wage should not be increased
Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should ...NBC News - Jan. 16 -
Bessent says US should increase sanctions on Russian oil companies
Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regimeFinancial Times - Jan. 16 -
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...The Hill - Jan. 16 -
Watch live: Treasury hopeful Scott Bessent testifies at Senate confirmation hearing
Billionaire investor Scott Bessent, President-Trump's pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation hearing, ...The Hill - Jan. 16 -
Bessent to tell senators Trump will usher in 'economic golden age'
Scott Bessent, President-elect Trump’s pick to lead the Treasury, plans to tell senators during his confirmation hearing that the next four years will present an opportunity for an “economic golden ...The Hill - Jan. 16 -
What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.The New York Times - Jan. 16 -
Bessent, Burgum headline Thursday's confirmation hearings
Confirmation hearings for President-elect Trump’s Cabinet picks are in full swing again Thursday as the Senate works to screen his controversial nominees. Committees will hear from the contenders ...The Hill - Jan. 16 -
Senate Democrats circulating memo alleging Bessent tax dodges
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment in a conservative publishing house, among other issues.Politico - Jan. 15 -
Relative of Jack the Ripper victim demands new inquest
The true identity of Jack the Ripper, whose grisly murders terrorized east London in 1888, has been a mystery ever since.CBS News - Jan. 13 -
‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.
Hiring a private fire crew costs thousands of dollars a day, and most work through government contracts or with insurance companies. Some wealthy property owners are calling them in directly.The New York Times - Jan. 13 -
Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - Jan. 13 -
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
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 New York Times - Jan. 11 -
'High demand' for City of Culture opening ceremony
'High demand' reported for open-air performance in Bradford city centre on Friday.BBC News - Jan. 10 -
Rebels issue demand for RFU chief Sweeney sacking
The crisis at the top of English rugby erupts as rebels call for a final confrontation over Rugby Football Union's embattled chief executive Bill SweeneyBBC News - Jan. 9 -
Panama Canal CEO Says Meeting Trump's Demands 'Will Lead to Chaos'
The canal executive said China doesn’t control route and U.S. ships can’t get better rates than others.The Wall Street Journal - Jan. 8