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Scott Bessent Treasury Confirmation Hearing

Scott Bessent to face tough confirmation hearing for Treasury secretary role

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.

CBS News on MSN · 19h

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 policy, tariffs, China, Russia sanctions and the IRS.

RealClearPolitics · 20h

Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine

Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.

Bessent, federal minimum wage

NBC News · 20h

Scott Bessent believes federal minimum wage should not be increased

Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should not be an increase to the federal minimum wage.

MarketWatch · 1d

Bessent says he doesn't support hike in federal minimum wage

Bessent said Thursday that he doesn't support an increase in the federal minimum wage, now set at $7.25 per hour. "I believe that the minimum wage is more of a statewide and regional issue," Bessent said,

Daily Mail on MSN · 18h

Bessent does NOT think the federal minimum wage should be raised

During a questioning with Vermont Senator Bernie Sanders, Trump's pick for Treasury Secretary, Scott Bessent, revealed that he does not think the federal minimum wage should be raised and that it is,

22h

Scott Bessent: China Builds 100 Coal Plants Per Year, "That Is Not A Clean Energy Race, That Is An Energy Race"

Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just ...

cryptonews6h

Trump’s Treasury Pick Scott Bessent Rejects Need for a US Digital Dollar

Trump's Treasury pick Scott Bessent argued against a US digital dollar, saying CBDCs suit countries lacking other investment ...

21h

Confirmation hearings day 3 highlights: Doug Burgum, Scott Bessent and other Cabinet picks face Senate questions

Latest news and live updates as the Trump administration prepares for office next week. Follow live as Senate confirmation hearings continue for attorney general pick Pam Bondi.

New York Sun19h

Democrats Parrot Biden’s ‘O-Word’ in Effort To Paint Treasury Nominee Scott Bessent as a Faux Populist

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

Business Times1h

Trump and China’s Xi discuss trade, TikTok ahead of inauguration

PRESIDENT-elect Donald Trump and Chinese President Xi Jinping discussed trade, TikTok and fentanyl on Friday (Jan 17) in a ...

Hosted on MSN1h

“If Trump asks, we'll step up sanctions against Putin”

At his confirmation hearing before the Senate on Thursday, incoming US Treasury Secretary Scott Bessent said he stood ready ...

The ‘Trump bump’ has survived tariff announcements—but will it survive the good, the bad, and the unknown in his cabinet?

Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who ...

5 things to know before the stock market opens Friday

The Dow Jones Industrial Average and the S&P 500 are headed for their best weeks since the November election. SpaceX launched ...

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Scott Bessent Treasury Confirmation Hearing

Bessent, federal minimum wage

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