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Scott Bessent Treasury Secretary confirmation hearing
5 things the nominee for Treasury Secretary signaled about what markets can expect in a 2nd Trump term
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and wealth for Americans.
Treasury Secretary nominee Scott Bessent says Trump tax cuts should not expire
Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. “This is the single most important economic issue of the day,” Bessent told the committee.
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could make him the first openly gay Cabinet member of a Republican administration.
Yellen, Treasury
Yellen Says Treasury Will Use 'Extraordinary Measures' on Jan. 21 to Prevent Hitting Debt Ceiling
In one of her last acts as Treasury Secretary, Janet Yellen said her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,
Yellen Warns America’s $36 Trillion Debt Ceiling Is Close
US Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to avoid breaching the US debt limit, urging lawmakers to take steps to increase or suspend the statutory ceiling.
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
1d
Treasury secretary nominee warns increased government spending and no extension of Trump tax cuts will lead to ‘economic crisis’
Fox News senior national correspondent Rich Edson has the latest on the Senate confirmation hearings for President-elect ...
22h
Watch: Scott Bessent testifies at secretary of the treasury confirmation hearing
Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.
1d
on MSN
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
12h
on MSN
Progressives are frustrated by Biden’s final-days warning of billionaire influence
The Democratic Party's left wing is responding to President Joe Biden's strong words about the possibility of an American ...
14h
AMERICAS Waller and Bessent help peg back Treasury yields
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
10h
on MSN
Maddow Blog | Trump’s Treasury pick rejects minimum wage hike, champions tax breaks
Trump's incoming Treasury secretary summarized the administration's perspective perfectly: Yes to tax breaks for the wealthy, ...
1d
Bessent to say dollar must remain reserve currency, praise Trump on trade
Bessent plans to emphasize the dollar's key role in the world and talk up Trump's approach to trade policy, according to ...
23h
on MSN
Chinese hackers accessed Yellen's computer in US Treasury breach, Bloomberg News reports
U.S. Treasury Secretary Janet Yellen's computer was hacked and unclassified files were accessed as part of a broader breach ...
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