Treasury secretary nominee Scott Bessent plans to meet later this week with incoming Senate Republican leader John Thune and other key senators as he begins preparing for confirmation hearings.

Ensuring the US doesn’t default on its obligations. Extending trillions of dollars in tax cuts before they expire. Quarterbacking President-elect Donald Trump’s plans for the economy.

If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.