The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and tariffs.

The U.S. Senate could vote to confirm Republican President Donald Trump's nominee for treasury secretary, Scott Bessent, this weekend, Majority Leader John Thune said on Thursday. The Senate Finance Committee approved Bessent by a 16-11 vote on Tuesday,

The Senate on Monday confirmed Scott Bessent to serve as Treasury secretary in the Trump administration, making him the highest-ranking openly gay government official in U.S. history.

With the national debt above $36 trillion, newly-confirmed Treasury Secretary Scott Bessent vowed to rein in government spending.

Senate Majority Leader John Thune (R-S.C.) said on Monday that he thinks President Trump’s remaining Cabinet nominees have a “path” to be confirmed. “I think they all have a path to get there,”

More than any other nominee, Bessent’s responsibilities are at the heart of Trump’s economic agenda, and he can expect probing questions from the committee’s members, all of whom are well-versed on financial matters and have strong opinions on trade, taxes, debt, sanctions and other areas under Treasury’s remit.

WASHINGTON — The Senate voted Thursday to confirm John Ratcliffe as the next CIA director, approving the second high-level appointment for the new Trump administration.

The U.S. Senate is expected to vote on the confirmation of Scott Bessent as treasury secretary, with President Trump's nominee facing procedural delays by Democrats. The Senate Finance Committee passed Bessent with a 16-11 vote,