Duing the confirmation hearing for Scott Bessent in the Senate this week, Senator Ron Wyden went scorched earth on nominee to be Treasury Secretary, Scott Bessent.
Senate Finance ranking member Ron Wyden and other committee Democrats are pressing Scott Bessent, President Donald Trump’s intended nominee for Treasury secretary, to submit to an IRS audit and release his tax filings ahead of the panel’s vote on his nomination Tuesday.
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American tariffs,
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Senate confirmation hearings for President-elect Trump’s Cabinet finished its first week with as many questions as it started with for some Democratic senators. Senator Ron Wyden, D-Ore., gives his thoughts on the hearing of Trump Treasury Secretary pick Scott Bessent,
US lawmakers grilled Treasury Secretary nominee Scott Bessent last Thursday, questioning the incoming Trump Cabinet member on the administration's economic growth goals, tax cuts, proposed tariff policies,
The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.
The Senate Finance Committee on Jan. 21 advanced the nomination of Scott Bessent, President Donald J. Trump’s pick for Treasury secretary, in a 16-11 vote. All 14 committee Republicans and two Democrats supported Bessent’s nomination, which will now head to the full Senate for consideration.
Scott Bessent, President-elect Donald Trump‘s nominee for treasury secretary, defended the Trump tax cuts during his confirmation hearing and said it is crucial for middle-class families that the cuts are extended.
Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.