Latest U.S. Office of Management and Budget News

Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

Nov. 22, 2024 21:44 PM EST

WASHINGTON (AP) — President-elect Donald Trump announced Friday that he'll nominate billionaire hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary, one of several personnel decisions that he unveiled as he closed out the workweek. ...