Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump’s tax cuts
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.
Asharq Alawsat (English) on MSN2d
Billionaire Financier Bessent Confirmed as Trump’s Treasury Chief
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the ...
Sun Sentinel14d
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an ...
New York Post14d
US will face ‘economic calamity’ for ‘middle and working class’ if Trump tax cuts expire: Treasury pick Scott Bessent
Treasury Secretary-designate Scott Bessent declared during his Senate confirmation hearing Thursday. Bessent warned lawmakers that the US risks a “crushing $4 trillion tax hike” — the larges ...
Republicans leave Florida frustrated with lack of final plan to pass Trump agenda
Speaker Mike Johnson (R-La.) arrived at this week’s House Republican retreat with hopes of uniting the fractious GOP ...
Trump's Bessent To Explore GSE Restructuring Options
Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration ...
Trump Renews Universal Tariff Threat to ‘Protect Our Country’
President Donald Trump said he wants to impose across-the-board tariffs that are “much bigger” than 2.5%, the latest in a ...
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Senate tees up final vote on Bessent nomination to lead Treasury
The Senate on Saturday voted to advance Scott Bessent’s nomination to become the next secretary of the Treasury, putting him in line to be confirmed on Monday. Senators voted 67-23 to tee up final ...