In testimony, Scott Bessent said the U.S. must secure vulnerable supply chains, and levy sanctions to address national security concerns.

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

Extending the 2017 Tax Cuts and Jobs Act is a top economic priority, and failing to keep tax cuts in place will wreak havoc on the middle class, according to President-elect Trump’s pick to lead the Treasury Department, Scott Bessent .

President-elect Donald Trump’s choice for Treasury secretary appeared on track for Senate confirmation after a wide-ranging hearing Thursday that included substantial debate on tax policy and how tariffs would affect everyday Americans.

Senate hearings are scheduled this week for several of Trump’s picks for the Cabinet. While many are rapidly gaining support for their confirmation, the remaining still have to go before the committees overseeing the agencies Trump wants them to run.

Russia's Federal Security Service (FSB) has designated the independent media outlet Komi Daily as a "terrorist organization," several news outlets reported on Jan. 13, citing recent changes on the FSB's website. This marks the first time the FSB has applied such a label to a media outlet.

With U.S.-Russian relations at their most strained since the Cold War, reducing the risk of direct military confrontation and stabilizing global security, the United States must balance firm deterrence with strategic diplomacy to turn a bitter rivalry into competitive coexistence.

Sen. Lindsey Graham has all but confirmed he will seek a fifth term, despite certain primary opposition, as he raises millions and launches a new campaign team.

S.C., attorney general nominee Pam Bondi said she would support classifying Mexican cartels as foreign terrorist organizations and expansion of detention centers for illegal immigrants.

Sen. Lindsey Graham (R-S.C.), who last month called allegations of sexual assault and other misconduct against Pete Hegseth “very disturbing,” on Tuesday said that President-elect Trump’s ...

— WINNER: The U.S. Secret Service. Yes, a presidential inauguration is probably the most intricately planned, thoroughly secured mass public event in American life. But after two assassination attempts on Trump last year, the beleaguered protective service has gotta be glad Trump will be spending the day in more easily defensible space.

U.S. Treasury nominee Scott Bessent is facing sharp questions from Democrats on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to