During his remarks from the Senate floor today on the confirmation vote for Scott Bessent's Treasury Secretary nomination, Senator Ron Wyden blasted Bessent over his qualification for the role.
Duing the confirmation hearing for Scott Bessent in the Senate this week, Senator Ron Wyden went scorched earth on nominee to be Treasury Secretary, Scott Bessent.
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.
Neeraj Singh joins the Buffalo, New York-based bank after a four-year stint at USAA, which has seen an exodus of top executives. The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.
Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.
Kennedy is having the second of two confirmation hearings for his Health and Human Services Secretary confirmation.
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.
As Treasury Secretary and one of Trump’s top economic advisers, Bessent will be responsible for helping to implement his economic policy agenda, including efforts to impose broad-based tariffs and extend the Tax Cuts and Jobs Act (TCJA), which was enacted in 2017 under then-President Trump but is largely set to expire at the end of 2025.
Bessent becomes Trump’s fifth cabinet pick to get confirmed, highlighting the importance lawmakers place on quickly having someone at the Treasury’s helm — and reflecting Bessent’s relatively drama-free confirmation hearing.
Washington, United States - Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the
The Senate confirmed Scott Bessent as Treasury secretary despite criticism levied by Democrats for his handling of self-employment taxes.