The chamber's Finance Committee last recommended advancing President Trump's nominee to a final, full Senate vote. The Senate voted 67-23 in a preliminary vote this past weekend, setting up the final vote, scheduled of late Monday afternoon.

The Senate voted 67-23 over the weekend to consider the hedge fund billionaire's nomination, setting him up for a vote this evening.

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.

Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the first Senate-approved LGBTQ+ member in a Republican cabinet.

Senate resumes consideration of Scott Bessent’s nomination for treasury secretary The U.S. Senate convenes and proceeds to an executive session to resume consideration of the nomination of money manager Scott Bessent of South Carolina as Treasury Secretary.

The Senate Finance Committee voted to approve President Donald Trump’s pick to lead the Treasury Department, hedge fund manager Scott Bessent. He will now move to a final confirmation vote in the Senate.

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.