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The Latest Breaking News from Scott Bessent

Confirmation Hearings Shed Light On Trump's Economic Agenda

Confirmation hearings for Trump's Cabinet nominees focused on domestic and economic priorities, including tax cuts, energy dominance, and climate policies.

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Scott Bessent Defends Lack Of Public Service Due To Orientation

Scott Bessent's journey towards becoming the first openly gay treasury secretary and LGBTQ Senate-confirmed Cabinet member in a Republican administration, ...

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Scott Bessent Challenges Sen. Wyden On Clean Energy Race

Discussion between Bessent and Sen. Wyden on U.S. and China's energy strategies and policies.

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Treasury Secretary Nominee Opposes Raising Federal Minimum Wage

Debate over federal minimum wage: nominee opposes raise, Sanders advocates. States and cities set higher rates.

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Federal Reserve To Maintain Independence Under Trump's Second Term

Scott Bessent reaffirms Federal Reserve independence under a potential second term for President Trump, emphasizing the importance of autonomy in monetary ...

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Sen. Warner Open To Supporting Trump's Treasury Pick

Senators discuss Scott Bessent's nomination for Treasury Department, highlighting differing views on tariffs, tax cuts, sanctions, and national debt.

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Economists Challenge Treasury Secretary Nominee's Economic Policy Claims

Scott Bessent, Trump's Treasury secretary nominee, supports proposed economic policies, but economists have concerns about their impact on consumers and th...

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Scott Bessent Pledges To Keep IRS Direct File Program Open

Scott Bessent commits to maintaining IRS Direct File for 2025 tax season amidst criticism from House Republicans.

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Trump's Treasury Pick Opposes Raising Federal Minimum Wage

Scott Bessent opposes raising federal minimum wage, while Senator Sanders advocates for a /hr rate by 2028.

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Trump's Treasury Pick Threatens Tougher Oil Sanctions On Russia

Scott Bessent warns of potential oil sanctions escalation to end Russia-Ukraine war, impacting US oil prices.

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Treasury Nominee Supports Tougher Sanctions On Russia

Biden administration imposes new sanctions on Russian oil entities to disrupt funding for Ukraine conflict.

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America's Fiscal Mess Could Limit Government's Crisis Response

Scott Bessent warns of high deficits hindering crisis response and emphasizes the need to reduce government spending for fiscal sustainability.

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US Faces Economic Calamity If Trump Tax Cuts Expire

Scott Bessent warns of economic calamity if 2017 Trump tax cuts aren't extended, affecting middle-class Americans and adding to the deficit.

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Bessent warns of 'devastating' consequences if tax cuts lapse - Roll Call

Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump’s intended Treasury secretary nominee.

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Treasury Secretary Pick Disputes Impact Of Proposed Tariffs

Debate over proposed tariffs by President-elect Trump and their impact on stakeholders, analyzed by Scott Bessent.

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US Housing Market Faces Affordability Crisis And Shortage

Scott Bessent sheds light on the US housing affordability crisis, citing high prices, interest rates, and a housing shortage.

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Treasury Secretary Nominee Accused Of Tax Loophole Manipulation

Senator Wyden raises concerns about nominee Bessent's tax loophole affecting Medicare funding and tax fairness.

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Treasury Nominee Urges Extension Of Tax Cuts For Economy

Scott Bessent highlights the urgency of extending the 2017 Tax Cuts and Jobs Act to prevent economic turmoil and tax increases for the middle class.

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International Business Times

Trump's Treasury Secretary Nominee Claims There Will Be 'Economic Calamity' If Republican Tax Cuts Are Not Extended

Scott Bessent warned about the dangers of not extending tax cuts implemented during Donald Trump's first term.

International Business Times

US Treasury Nominee Says Trump Can Usher In 'Economic Golden Age'

Donald Trump's nominee for Treasury chief spoke Thursday of ushering in "a new economic golden age," as he faced grilling by lawmakers about the incoming US administration's economic agenda.

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Scott Bessent Vows Economic Prosperity Under Trump Administration

Scott Bessent, Trump's Treasury nominee, optimistic about economic growth and facing scrutiny from Democratic lawmakers.

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Sen. Graham Praises Trump's Treasury Nominee Scott Bessent

Sen. Lindsey Graham supports Scott Bessent as Treasury nominee, highlighting qualifications and alignment with Trump's agenda.

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Senate Finance Committee Backs Scott Bessent For Treasury Secretary

Republican Sen. Mike Crapo supports Scott Bessent's nomination for Treasury secretary, emphasizing pro-growth tax policies and fair trade deals.

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Scott Bessent To Divest 1M Assets For Treasury Department Role

Scott Bessent, Treasury Secretary nominee, plans to divest 1 million assets to uphold ethical standards.

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Hedge Fund Manager Scott Bessent Nominated For Treasury Secretary

Scott Bessent, Trump's Treasury secretary nominee, discusses economic priorities and vision for prosperity.

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