Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Billionaire hedge fund manager Scott Bessent won Senate approval Monday ... on Russian oil majors as a way to end the war in Ukraine, while signaling a hawkish approach on China.
Scott Bessent faced questioning by lawmakers from the Senate Finance Committee earlier Thursday as part of his confirmation hearing as a Trump Cabinet nominee. With President-elect Donald Trump's proposed tariff policies making waves ahead of his re-entry into the White House,
Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington National Airport, U.S. officials said on Wednesday.
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury ... has said he would back tougher sanctions on Russian oil majors as a way to end the war in Ukraine, while signaling a hawkish approach on China.
The US Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for US President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.
The US Senate has confirmed Scott Bessent as the head of the Department of the Treasury. The candidate secured votes from most of the chamber, including 23 Democrats. Bessent, a well-known financier,
More of President Donald Trump's picks for his cabinet are expected to be confirmed by the U.S. Senate in the coming days after the Republican-controlled
President Trump's nominees for top posts in his administration are gearing up for their Senate confirmation hearings, which kicked off earlier this month.
More of President Donald Trump's picks for his cabinet are expected to be confirmed by the U.S. Senate in the coming days after the Republican-controlled