Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should not ...

Their exchange on the minimum wage shows two views of the world.

Scott Bessent, President-elect Donald Trump's nominee for U.S. Treasury secretary, was asked by Sen. Bernie Sanders if he would work with Congress to raise minimum wage. Scott Bessent said that ...

Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...

David Edwards has spent over a decade reporting on social justice, human rights and politics for Raw Story. He also writes Crooks and Liars. He has a background in enterprise resource planning and ...

Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to ...

During a questioning with Vermont Senator Bernie Sanders, Trump's pick for Treasury Secretary, Scott Bessent, revealed that he does not think the federal minimum wage should be raised and that it is, ...

Former hedge fund manager Scott Bessent was confirmed yesterday in the Senate as the new Treasury Secretary. The 62-year-old ...

Bernie Sanders (I-VT) asks Treasury Secretary Nominee Scott Bessent about raising the federal minimum wage. Mr. Bessent said he would not work to change it, saying that it is "more of a statewide ...

In a mostly bipartisan vote, the Senate confirmed Scott Bessent as Treasury secretary on Monday, solidifying his role to ...

Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key ...

During his Senate confirmation hearing, Trump's Treasury nominee—billionaire Scott Bessent—clearly stated his opposition to ...