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.

The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.

Tuesday to support Scott Bessent’s nomination as Treasury Secretary, clearing the way for his confirmation on the Senate floor as soon as this week. All of the panel’s Republicans voted yes, along wit