Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate floor as soon as this week. All of the panel’s Republicans voted yes, along wit

Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.

Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.

The Senate Finance Committee on Tuesday advanced the nomination of Scott Bessent to serve as Treasury Secretary to the floor in a 16-11 vote that crossed party lines. Sens. Mark Warner, D-Va., and Maggie Hassan, D-N.H., joined committee Republicans in backing Bessent for the post, Reuters reported.

The Senate Finance Committee voted 16-11 on Tuesday morning to advance the nomination of Scott Bessent, President Trump’s pick for Treasury secretary. Sens. Mark Warner (D-Va.) and Maggie Hassan

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.

The US Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as US President Donald Trump’s Treasury secretary on to the full Senate for approval.

The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full Senate for approval.

Two more of President Trump's Cabinet picks, Doug Collins and Elise Stefanik, will receive confirmation hearings on Tuesday. His Treasury nominee, Scott Bessent, will get a committee vote.

The U.S. Senate voted to confirm Florida Sen. Marco Rubio as President Donald Trump's secretary of state Monday, marking its first approval of a Cabinet-level official for the new Trump administration.