Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.
Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could make him the first openly gay cabinet member of a Republican administration.
Scott Bessent, Donald Trump's nominee for Treasury Secretary, faced sharp questioning in his Senate confirmation hearing Thursday, defending the administration's economic agenda on tariffs, tax policy,
President-elect Donald Trump’s pick for Treasury secretary testifies Thursday before the Senate Banking Committee.
Trump's Treasury pick Scott Bessent argued against a US digital dollar, saying CBDCs suit countries lacking other investment options.
Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just to frame this for everyone in the room,
Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."
Jerry Gulke thinks the strength in corn can pull up wheat and even soybeans because farmers will likely plant more corn and fewer soybeans and maybe spring wheat this year and a trade deal with China is possible under Trump.
Trump’s second term agenda includes cutting ‘slackers’ from federal workforce, former OMB official says
Their exchange on the minimum wage shows two views of the world.