The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.

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.

Donald Trump’s Treasury secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5 per cent and rise gradually, said four people familiar with th

Scott Bessent, a South Carolina resident and billionaire investor, was confirmed by the U.S. Senate on Monday.

Britain's Labour government will back plans for a third runway at London's Heathrow Airport, finance minister Rachel Reeves announced on Wednesday, saying the project could create over 100,000 jobs in the economy.

The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

The Senate on Jan. 27 confirmed Scott Bessent as Treasury secretary in a bipartisan 68-29 vote. Bessent will resign as CEO and CIO of hedge fund Key Square Group and be sworn in as the federal government’s chief financial officer.

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

Ryan Michael English of South Deerfield allegedly drove to Washington, D.C., intending to kill top Republicans in the Trump Administration.

The Trump administration announced it is offering buyouts to all federal employees who opt to leave their jobs by next week.