Scott Bessent’s Thursday sitdown with the Senate is set to be far from the spotlight during this week of dramatic confirmation hearings in Washington, but it could provide nuggets for market watchers trying to sort out some of the early mixed signals about Trumponomics 2.
To get the nomination for Treasury Secretary, Scott Bessent had to win over MAGA, Wall Street and Trump himself.
U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policies, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.
South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during his Senate confirmation hearing to be the country’s next treasury secretary.
Treasury nominee Bessent a shoo-in Trump’s foreign policy steps into unstable world Gaza truce back on track Inauguration Day primer President-elect Trump won the November
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The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.
Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to increasing the minimum wage.
Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who might do good or harm.
Will the Senate GOP confirm controversial picks like Pete Hegseth and RFK Jr.? Here’s this week’s full Senate confirmation hearing schedule.