The Senate confirmed Scott Bessent as Treasury secretary despite criticism levied by Democrats for his handling of self-employment taxes.
The U.S. Senate could vote to confirm Republican President Donald Trump's nominee for treasury secretary, Scott Bessent, this weekend, Majority Leader John Thune said on Thursday. The Senate Finance Committee approved Bessent by a 16-11 vote on Tuesday,
The Senate on Monday confirmed Scott Bessent to serve as Treasury secretary in the Trump administration, making him the highest-ranking openly gay government official in U.S. history.
With the national debt above $36 trillion, newly-confirmed Treasury Secretary Scott Bessent vowed to rein in government spending.
Senate Majority Leader John Thune (R-S.C.) said on Monday that he thinks President Trump’s remaining Cabinet nominees have a “path” to be confirmed. “I think they all have a path to get there,”
Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S. President Donald Trump's pick as Treasury secretary, Scott Bessent, could occur next week.
More than any other nominee, Bessent’s responsibilities are at the heart of Trump’s economic agenda, and he can expect probing questions from the committee’s members, all of whom are well-versed on financial matters and have strong opinions on trade, taxes, debt, sanctions and other areas under Treasury’s remit.
Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical to President Donald Trump’s sweeping economic agenda.
The Senate voted 68 to 29 to confirm Mr. Bessent, a billionaire hedge fund manager, as the next Treasury secretary.
The U.S. Senate has officially confirmed Scott Bessent as the 79th Treasury Secretary, marking a significant shift in the nation’s financial landscape. Known for his pro-crypto stance, Bessent’s appointment signals a more progressive approach toward digital assets under the Trump administration.
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing