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.

Mr Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of the president.

The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ambitious economic agenda.

The Senate voted to confirm investor and billionaire hedge fund manager Scott Bessent to serve as President Donald Trump’s Treasury

Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of Trump.

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.

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was

Bessent is a former protégé of George Soros, the billionaire investor and Democratic mega donor. After Trump won the election in November, Bessent won an unusually public – and messy – contest to be nominated for the Treasury Secretary role.