Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his confirmation hearing.

In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.

Trump Treasury Secretary pick Scott Bessent testifies during his Senate confirmation hearing.

Mr. Bessent called the extension of the 2017 Trump tax cuts ‘the single most important economic issue of the day.’

Donald Trump's pick for Treasury secretary repeatedly defended a range of tariff ideas during his confirmation hearing before Senate lawmakers Thursday.

Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary nomination.

Scott Bessent’s “3-3-3” agenda “requires brutal cuts to health and nutrition and higher costs for families at the grocery store,” said analysts at the Center for American Progress. At his confirmation hearing on Thursday,

South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during his Senate confirmation hearing to be the country’s next treasury secretary.

The Senate is ramping up its confirmation hearings for President-elect Donald Trump's Cabinet nominees, with key figures like Scott Bessent, Doug Bur

President-elect Donald Trump’s pick for Treasury secretary testified Thursday before the Senate Banking Committee.

Trump has vowed to take quick action to hike tariffs on imports -- cast as a potential way to boost revenues -- while his Treasury secretary pick took aim this week at federal spending