Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary.
The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S. Treasury Secretary. The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S. Treasury Secretary.
The Senate Finance Committee voted 16-11 on Tuesday morning to advance the nomination of Scott Bessent, President Trump’s pick for Treasury secretary. Sens. Mark Warner (D-Va.) and Maggie Hassan
Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his confirmation hearing.
Mr. Bessent called the extension of the 2017 Trump tax cuts ‘the single most important economic issue of the day.’
Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they actually were. Every Republican president since has used (and abused) a famous napkin sketch to pretend that tax cuts always pay for themselves.
Senate Finance Democrats want Scott Bessent to submit to an IRS audit and release his tax filings ahead of panel vote Tuesday.
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
Donald Trump's pick for Treasury secretary repeatedly defended a range of tariff ideas during his confirmation hearing before Senate lawmakers Thursday.
Trump Treasury Secretary pick Scott Bessent testifies during his Senate confirmation hearing.
The Congressional Budget Office projects the federal deficit will continue to rise, reaching $2.7 trillion by 2035, due to legislation passed by Joe Biden and Democrats. The new para-government