What to Watch for at Bessent’s Treasury Confirmation Hearing

Confirmation hearings for US Treasury secretaries often set key markers for the nominee’s priorities and principles once in office, heightening focus on Thursday’s Senate Finance Committee hearing with President-elect Donald Trump’s pick to fill the post: Scott Bessent.

The likely multi-hour hearing kicks off at 10:30 a.m. in Washington, with senators set to quiz Bessent, a 62-year-old veteran hedge-fund investor and manager who hasn’t previously held a federal office, on topics ranging from financial sanctions and currency policy to the US fiscal outlook and management of the $28 trillion Treasuries market.

Scott Bessent

Photographer: Vincent Alban/Bloomberg

Bessent is widely expected to ...