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Scott Bessent, Trump and Treasury

UPI News on MSN · 59m

Scott Bessent to face tough confirmation hearing for Treasury secretary role

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.

CBS News on MSN · 4h

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 policy, tariffs, China, Russia sanctions and the IRS.

U.S. News & World Report on MSN · 6h

Treasury Nominee Scott Bessent Calls for a ‘New Economic Golden Age’ Under Trump

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol on Thursday, Jan. 16, 2025, in Washington.

Scott Bessent, Tax Cut

Hosted on MSN · 2h

Bessent warns of ‘devastating’ consequences if tax cuts lapse

Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect Donald Trump’s intended Treasury secretary nominee, Scott Bessent. Republicans and Democrats sparred over who would benefit most from extending more than $4 trillion in tax cuts enacted during the first Trump administration.

U.S. News & World Report · 8h

Trump's US Treasury Pick Bessent Says Extending Tax Cuts a Top Priority

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day.

Bloomberg on MSN · 6h

Bessent Says US Barreling to Crisis If Tax Cuts Not Extended

Treasury Secretary nominee Scott Bessent warned that the US faces an economic crisis that will hammer middle- and working-class people if the 2017 Republican tax cuts aren’t extended when a swath of them expire at the end of this year.

6h

Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"

Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...

4h

Will markets cheer Bessent's testimony?

President-elect Donald Trump’s decision in late November to have his Treasury pick be Scott Bessent — the founder and chief ...

5h

Scott Bessent believes federal minimum wage should not be increased

Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum ...

7h

Bessent: Carbon Tariffs Could Be Part of an Overall Tariff Program

Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole ...

4h

Trump's Treasury pick Bessent defended tariffs. But 'jitters' remain for markets.

Follow along with MarketWatch's live coverage of the Senate confirmation hearing for Scott Bessent, President-elect Donald ...

6h

Trump transition live updates: Doug Burgum, Scott Bessent, other Cabinet picks faced Senate questions

Latest news and live updates as the Trump administration prepares for office next week. Follow live as Senate confirmation ...

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