Scott Bessent, President-elect Trump’s pick as Treasury secretary, owns North Dakota farmland on which he earns between $100,000 and $1 million per year, but plans to divest himself of it if he is confirmed,

The Senate Finance Committee was scheduled to meet Jan. 22, 2025, to vote on the nomination of Scott Bessent, President Biden’s nominee to be Treasury secretary.The vote is scheduled at 10:15 a.m. in Room

Donald Trump's second administration features highly wealthy individuals in key cabinet roles, including Elon Musk leading the Department of Government Efficiency. Other appointees are Doug Burgum for Interior,

Among them are former North Dakota Gov. Doug Burgum, Trump’s 2024 primary rival and his pick for Interior, and Scott Bessent, the billionaire money manager who would helm the Treasury.

Latest news and live updates as the Trump administration prepares for office next week. Follow live as Senate confirmation hearings continue for attorney general pick Pam Bondi.

Wealthy hedge fund executive Scott Bessent – whose confirmation hearing for treasury secretary is slated for Thursday – has hundreds of millions of dollars in assets and owns property from North Dakota to the Bahamas.

Wall Street investor Scott Bessent was confirmed as the next Treasury Secretary by the Senate on Monday. Bessent is a wealthy hedge fund manager who's seen as a business-friendly choice. He was confirmed by a vote of 68 to 29, signaling a degree of bipartisan support for the new Treasury Secretary.

Four of President-elect Trump's cabinet nominees, including Scott Bessent for Treasury Secretary, Doug Burgum for Interior Secretary, Lee Zeldin for EPA, and Scott Turner for HUD, will face Senate confirmation hearings on Thursday.

Among them are former North Dakota Gov. Doug Burgum, Trump’s 2024 primary rival and his pick for Interior, and Scott Bessent, the billionaire money manager who would helm the Treasury. Just days away from Trump’s Jan. 20 inauguration, the president ...

Four of President-elect Trump's cabinet nominees will face Senate confirmation hearings Thursday, including Scott Bessent for Treasury ... 2000s.Doug BurgumThe former North Dakota governor and ...

President Trump's nominees for top posts in his administration are gearing up for their Senate confirmation hearings, which kicked off earlier this month.

President-elect Donald Trump (R) announced hedge fund manager Scott Bessent as his nominee for secretary of the Treasury on November 22, 2024. This presidential appointment requires Senate confirmation. The Senate Finance Committee held a confirmation ...