Jan 16, 2025 · If confirmed, Bessent will be responsible for implementing Trump's proposed economic policies, including tax cuts and sweeping tariffs. Here's what happened at the hearing

3 days ago · The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary ... Negotiating the extension of those tax cuts will be one of his major ...

Jan 17, 2025 · Bessent defended the expiring tax cuts in his opening remarks, saying the country was “barreling toward an economic crisis” if the tax breaks expire at the end of the year.

Jan 16, 2025 · 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....

3 days ago · In his confirmation hearing, Bessent warned that failure to renew $4 trillion in tax cuts expiring at the end of this year would be a "calamity" for middle-class Americans, and made the case that ...

3 days ago · As head of the Treasury, 62-year-old Bessent faces pressure to address the federal debt limit and work with congressional Republicans to extend Trump’s 2017 Tax Cuts and Jobs Act.

Jan 16, 2025 · Scott Bessent, Donald Trump's pick for Treasury Secretary, stressed the importance of tax cuts for the wealthy during his confirmation hearing.

Jan 16, 2025 · 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 ...

Nov 24, 2024 · (Reuters) -President-elect Donald Trump's nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an...

Nov 25, 2024 · President-elect Donald Trump's nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an interview...