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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 - 21h -
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 - 21h -
Live updates: Trump addresses House Republicans; Senate confirms Treasury secretary
President Trump is set to address the House Republicans at their annual policy retreat in Florida, while the Senate votes on the confirmation of his Treasury Department nominee, Scott Bessent.The Hill - 22h -
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 - 22h -
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 - 22h -
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 - 22h -
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 - 1d -
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 - 3d -
Senate committee advances nomination for Trump Treasury pick
Editor's note: This article was updated to correct Sen. Ron Wyden's (D-Ore.) role on the Senate Finance Committee The Senate Finance Committee voted 16-11 on Tuesday morning to advance the ...The Hill - Jan. 21 -
U.K. Banks Exposed To Motor Finance Rise After Treasury Seeks to Step In
Shares in U.K. banks that have motor-finance operations traded higher after the Treasury signaled its intention to intervene to protect car loan providers in a Supreme Court case.The Wall Street Journal - Jan. 21 -
Trump unlikely to impose trade tariffs on UK, says Treasury minister
Darren Jones says Britain should not look at the incoming US president ‘as a risk’Financial Times - Jan. 19 -
US treasury secretary says US will take measures to avoid default
U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to take “extraordinary measures” to avoid risking a potentially catastrophic ...NBC News - Jan. 18 -
Morning Report — Treasury choice touts Trumponomics
In today’s issue: President-elect Trump won the November election with bold economic promises embraced by an electorate ready to hold him responsible if prices don’t ease, job prospects aren’t ...The Hill - Jan. 17 -
Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.NBC News - Jan. 16 -
Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...The Hill - 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 -
Treasury yields end at lowest levels in weeks on rate-cut possibilities
Yields on U.S. government bonds ended at their lowest levels in weeks on Thursday after one key policymaker spoke about the possibility of multiple 2025 interest-rate cuts by the Federal Reserve.MarketWatch - Jan. 16 -
How Trump’s Treasury Nominee Allegedly Avoided Nearly $1 Million in Taxes
Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary nomination.Inc. - 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 -
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 -
Treasury Says Pandemic Spending Saved Jobs
Treasury Secretary Janet Yellen said the Biden administration’s stimulus checks reduced major downside risks.Inc. - Jan. 15 -
Chris Mason: Political heat map flashes red over Treasury
The BBC's political editor explains the headaches the Treasury is giving Sir Keir Starmer.BBC News - Jan. 15 -
Treasury yields finish lower after mild producer-price reading for December
Two- and 10-year Treasury yields declined by the most of any 2025 trading session on Tuesday, after a tamer-than-expected reading from the December producer-price index.MarketWatch - Jan. 14 -
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 -
Major corporations are rushing to issue bonds as Treasury yields spike
Higher bond yields are spooking stocks, but retirees are helping to drive demand for annuities and corporate debt.MarketWatch - Jan. 11 -
Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - Jan. 10 -
Treasury yields fall in shortened trading session
U.S. Treasury yields fell during a shortened trading session as the bonds market will close early in honor of the late former U.S. President Jimmy Carter.CNBC - Jan. 9 -
Why a 5% 10-year Treasury yield could be a buying opportunity
Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.MarketWatch - Jan. 9 -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - Jan. 8 -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
CISA says 'no indication' other agencies impacted by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday that there is “no indication” other federal agencies were impacted by the recent breach at the Treasury Department. The ...The Hill - Jan. 6 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - Jan. 3 -
Trump announces new treasury and ambassador nominees
President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...The Hill - Jan. 3 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
GOP lawmakers request Yellen briefing on Chinese hackers' Treasury breach
Republican lawmakers are swiftly urging the Treasury Department to provide answers on a recent cybersecurity attack from China that infiltrated various workstations, as outlined in ...The Hill - Jan. 2 -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - Jan. 2