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.

Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his confirmation hearing.

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

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.

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary, with questions about his fitness to hold the office based

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.

Trump Treasury Secretary pick Scott Bessent testifies during his Senate confirmation hearing.

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.