Treasury secretary nominee Scott Bessent defended President-elect Donald Trump’s economic strategy in a Senate hearing today. Bessent, a longtime hedge fund manager who once worked for Democratic donor George Soros,

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol on Thursday, Jan. 16, 2025, in Washington.

President-elect Donald Trump’s pick for Treasury secretary testifies Thursday before the Senate Banking Committee.

Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, plans to tell senators during his confirmation hearing the next four years will present an opportunity for an “economic

Mr. Bessent called the extension of the 2017 Trump tax cuts ‘the single most important economic issue of the day.’

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.

Treasury Secretary nominee Scott Bessent sparred with the Senate Finance Committee over the future direction of fiscal policy in the Trump administration that will be trying to tackle major tax legislation.

Markets will be monitoring Scott Bessent's Thursday sitdown with the Senate for insights on the early mixed signals about Trumponomics 2.0.

The Democratic Party's left wing is responding to President Joe Biden's strong words about the possibility of an American oligarchy with a combination of appreciation, bemusement and frustration.

Yambo's Treasury Secretary pick, a billionaire who has been accused of evading taxes, says that “the most important economic issue of the day” is extending Trump’s tax cuts for the ultra rich. WELL OF COURSE HE DOES. Via Rolling Stone:

Treasury secretary nominee Scott Bessent turned the tables on independent Vermont Sen. Bernie Sanders at his Thursday confirmation hearing by pointing out that President Joe Biden awarded […]