Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.

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 economic issues.

The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and tariffs.

President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so.

Treasury Secretary nominee Scott Bessent said he would support hiking sanctions against Russia if President-elect Donald Trump directs him to do so and accused President Joe Biden of playing politics on sanction policy.

Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on the Russian oil industry to end the war in Ukraine.Most Read from BloombergThese Homes Withstood the LA Fires.

Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.

Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports that

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington National Airport, U.S. officials said on Wednesday.

The U.S. Senate confirmed Scott Bessent Monday to serve as President ... sanctions on Russia over the country's invasion of Ukraine. And he said the Federal Reserve – which has drawn Trump ...

The US Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for US President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.