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Scott Bessent Treasury Secretary confirmation hearing

The Wall Street Journal on MSN · 2d

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 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.

UPI News on MSN · 2d

Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions

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.

US Treasury to launch measures to avoid debt limit breach

US Treasury to launch measures to avoid debt limit breach on Tuesday

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin employing "extraordinary measures" to keep from breaching the cap and risking a potential catastrophic default.

Bloomberg L.P. · 1d

Yellen Warns America’s $36 Trillion Debt Ceiling Is Close

US Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to avoid breaching the US debt limit, urging lawmakers to take steps to increase or suspend the statutory ceiling.

MarketWatch on MSN · 19h

Yellen says Treasury will use ‘extraordinary measures’ on Jan. 21 to prevent hitting debt ceiling

In one of her last acts as U.S. Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,

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 ...

1don 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 ...

1don 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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