The U.S. Senate on Monday voted 68-29 to confirm Scott Bessent, the South Carolina-born billionaire investor on Wall Street, as the nation's new Treasury secretary.

Bessent, a Wall Street veteran who grew up in South Carolina, has praised the Republican president’s plans to slash taxes and impose tariffs while calling for measures to protect supply chains and the

Scott Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president Donald Trump's tax-cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status.