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Scott Bessent's confirmation hearing for Treasury secretary
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
Scott Bessent defended tariffs and argued for tax-cut extensions during his confirmation hearing as President-elect Donald Trump’s pick for Treasury secretary in the Senate Finance Committee. No Democrats committed to support him on Thursday,
Trump's pick for Treasury Secretary is Scott Bessent. Here's what to know
Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.
Trump’s Treasury pick Bessent says US must keep oversight of Treasuries
The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.
Treasury, Yellen and extraordinary measures
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,
Treasury to begin ‘extraordinary measures’ as US approaches debt cliff
The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.
Yellen: Treasury starts "extraordinary measures" Jan. 21 to avoid debt limit
Treasury secretary Janet Yellen, in one of her final major acts in office, warned Congress late Friday that the Treasury will need to begin "extraordinary measures" on Tuesday to avoid hitting the debt limit.
2d
Treasury secretary nominee warns increased government spending and no extension of Trump tax cuts will lead to ‘economic crisis’
Fox News senior national correspondent Rich Edson has the latest on the Senate confirmation hearings for President-elect ...
3d
Treasury Secretary Janet Yellen praises Biden's pandemic response in farewell address
Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...
Fox Business
2d
Treasury secretary nominee Scott Bessent to make call to action during hearing: 'Generational opportunity'
Scott Bessent, President-elect Trump's pick for
Treasury
Department
secretary
, plans to talk about Trump's economic vision for the nation during his Senate confirmation hearing on Thursday.
1d
on MSN
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
1d
AMERICAS Waller and Bessent help peg back Treasury yields
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
2d
Chinese Hackers Accessed Yellen's Computer in US Treasury Breach
US Treasury Secretary Janet Yellen’s computer was infiltrated and unclassified files were accessed as part of a broader ...
1d
on MSN
Progressives are frustrated by Biden’s final-days warning of billionaire influence
The Democratic Party's left wing is responding to President Joe Biden's strong words about the possibility of an American ...
2d
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
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