If Bessent’s sexual identity ever comes up, it’s as a passing historical footnote — he’s the first out LGBTQ person to serve ...

US Treasury Secretary Scott Bessent says Elon Musk and his government efficiency team are not "tinkering" with any federal payment data. He says the group does important work. Bessent also talks about ...

The tax-collecting agency has thousands of special agents in its criminal-investigation division.

The U.S. Treasury's payment system remains unaffected by Elon Musk's government efficiency team. Treasury Secretary Scott Bessent confirmed that any halting of payments would occur at the department ...

On January 26, a suspect surrendered to Capitol Police in Washington, D.C. The 24-year-old confessed to driving from ...

While some, like Secretary of State Marco Rubio, sailed through, others, like Attorney General Pam Bondi, saw their ...

President Trump is suspending some legal immigration programs that allowed people from certain countries to seek legal status in the U.S. through parole, according to a government memo. CBS News' ...

Learn more about Bessent and his personal life below. The nomination of investor Scott Bessent as US treasury secretary is seen as a relief to Wall Street. His understanding of markets is expected ...

In Trump’s announcement about his cabinet choice, the Republican called Bessent’s life and career as the “American dream.” “Scott has long been a strong advocate of the America First ...

The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing.

He was serving as acting head of the department until Scott Bessent’s confirmation as treasury secretary ... but I don’t ...

Treasury secretary nominee Scott Bessent told senators Thursday he would ... in Ukraine “one of the greatest tragedies of my adult life.” “And ending that as soon as possible, and any ...