Scott Bessent’s sitdown today at 10:30 am 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.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policies, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, will step into the spotlight this week, with the Senate Finance Committee scheduled to start his confirmation hearing at 10:30 a.

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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 national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.

President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.

Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.

The stakes have never been higher, but with Bessent at the helm of the Trump economic team, a brighter future is within reach.

Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they actually were. Every Republican president since has used (and abused) a famous napkin sketch to pretend that tax cuts always pay for themselves.