Treasury secretary nominee Scott Bessent told Senate lawmakers Thursday that the Federal Reserve should remain independent, but that Donald Trump 'is going to make his views known' as president.
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Bessent, a Wall Street veteran who grew up in South Carolina, has praised the Republican president’s plans to slash taxes and impose tariffs while calling for measures to protect supply chains and the
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
US Treasury Secretary Scott Bessent is pushing for new universal tariffs on US imports to start at 2.5% and rise gradually, per the Financial Times.
WASHINGTON: President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday (Jan 16) that the dollar should remain the world's reserve currency, the
The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new administration’s top financial job as President Donald Trump forges ahead on an ambitious economic agenda.
Scott Bessent has been an outspoken advocate for digital assets and hopes to being more regulatory clarity and crypto-favourable policies.
Scott Bessent will lead President Donald Trump's financial agenda as treasury secretary. Bessent, a billionaire hedge fund manager, was confirmed in a 68 to 29 U.S. Senate vote on Monday and sworn in on Tuesday.
It was soon after the start of Scott Bessent’s confirmation ... trade and the Federal Reserve. But one of the first questions Bessent faced was whether he would let the Internal Revenue Service ...
It was soon after the start of Scott Bessent's confirmation ... trade and the Federal Reserve. But one of the first questions Bessent faced was whether he would let the Internal Revenue Service ...