This article was updated to correct Sen. Ron Wyden’s (D-Ore.) role on the Senate Finance Committee The Senate Finance Committee voted 16-11 on Tuesday morning to advance

Treasury Secretary designee Scott Bessent’s nomination advanced past ... litigation he is facing involving his method of skirting Medicare taxes on income he amassed from the Key Square Group.

The Senate Finance Committee voted 16-11 to advance Bessent’s nomination, clearing the way for a Senate floor vote in the coming days. Two Democrats — Sens. Mark Warner (D-Va.) and Maggie Hassan (D-N.H.) — joined with the committee’s Republicans in supporting Bessent for the top economic job in Trump’s Cabinet.

The U.S. Senate today confirmed Scott Bessent to be President Donald Trump’s Treasury secretary, giving the billionaire hedge fund manager a central role in shaping the new administration’s policy ambitions around tax cuts and spending and managing economic relationships with allies and adversaries alike.

The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.

Bessent grew up in Little River with big dreams. He’s suddenly risen so high in national politics that few South Carolinians have ever gone higher.

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The number compared with a 3.6% annual increase in October, according to S&P CoreLogic Case-Shiller data. President Donald Trump made a lot of promises on the campaign trail, and now that his ...

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Medicare, and veterans health care to give tax breaks to giant corporations and billionaires like [Elon] Musk.” Read the memo Over the years, “other presidents who held refugees on the base ...

Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington National Airport, U.S. officials said on Wednesday.