Bessent confirmed as Treasury secretary Former hedge fund guru to oversee Trump's tax cuts, deregulation and trade changes
The U.S. Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.
In contrast, poor Americans will net a $70 tax cut. “This is the single most important economic issue of the day,” Bessent said. “This is pass-fail. If we do not fix these tax cuts ...
Bessent said passing a new tax bill is a huge economic concern for the country, including for working- and middle-class families. “This is pass-fail,” Bessent told the committee, highlighting ...
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