The Senate confirmed Scott Bessent to lead the Treasury Department in a 68-29 vote on Monday night. Bessent, the fifth of President Donald Trump's nominees to be confirmed by the Senate, received bipartisan support for his appointment.
As the newly appointed Secretary of the Treasury, Bessent will have a crucial role in implementing President Trump's agenda. With the GOP-controlled Congress aiming to extend the 2017 tax cuts before they expire at the end of the year, Bessent's leadership will be instrumental in navigating this complex financial landscape. Additionally, he will be involved in addressing the pressing issue of the debt limit, a critical aspect of the country's fiscal policy.
