The Senate Finance Committee greenlit billionaire financier Scott Bessent’s nomination as President Donald Trump’s U.S. Treasury secretary.
Senators voted 16–11 to approve the hedge fund manager’s nomination to head the Treasury Department.
Senate Panel Advances Nomination for Trump’s Treasury Secretary Choice
Scott Bessent inches one step closer to Treasury secretary.
U.S. investor and hedge fund manager Scott Bessent delivers his opening statement during a Senate Finance Committee hearing on his nomination to be secretary of the Treasury, on Capitol Hill on Jan. 16, 2025. Andrew Caballera-Reynolds/AFP via Getty Images
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
