On Monday, Donald Trump announced new tariffs on five countries in letters shared to Truth Social that were identical in all ...

Elon Musk said he’s carrying out his threat to form a new political party after his fissure with President Donald Trump, ...

A native of South Carolina, Bessent is a graduate of Yale University. Treasury secretary is a Senate-confirmed position. Janet Yellen is the current treasury secretary under President Biden.

Treasury Secretary Scott Bessent downplays his feud with Elon Musk, emphasizing their shared goal of reducing government waste and fraud.

He also joked that he would “take South Carolina over South Africa any day,” referring to his home state and Musk’s home country. The Tesla chief left the White House in late May.

The Treasury Secretary did say he would take South Carolina over South Africa any day.

Treasury Secretary Scott Bessent denied claims that he called Elon Musk a “fraud” and rejected the reports of a physical altercation with Musk.

The big shock comes from how handily Scott beat his opponent. Wheeler ran unopposed in four of his five elections, but the one year he had a Republican opponent (2022), Wheeler won by about 20 ...

Discover who Scott Bessent is, the US Treasury secretary driving bold economic reforms, from banking deregulation to global trade strategy.

DOGE leader Musk, the billionaire adviser to the president, has had several reported tense confrontations with Trump officials.

Bessent was born in Conway, South Carolina, to a real estate investor father and into a family that descended from the French Huguenots.