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.
To get the nomination for Treasury Secretary, Scott Bessent had to win over MAGA, Wall Street and Trump himself.
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they ...
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from ...
Markets will be monitoring Scott Bessent's Thursday sitdown with the Senate for insights on the early mixed signals about ...
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The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...
Scott Bessent, a top fundraiser to the Trump campaign, is the president-elect's pick for treasury secretary. He will be tasked with implementing any tax cuts a Republican-controlled Congress may ...
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