The Senate confirmed Scott Bessent as Treasury secretary despite criticism levied by Democrats for his handling of self-employment taxes.
Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical to President Donald Trump’s sweeping economic agenda.
The Senate voted 68 to 29 to confirm Mr. Bessent, a billionaire hedge fund manager, as the next Treasury secretary.
With the national debt above $36 trillion, newly-confirmed Treasury Secretary Scott Bessent vowed to rein in government spending. The investor and hedge fund manager, who cleared the Senate on Monday with a vote of 68-29,
The U.S. Senate could vote to confirm Republican President Donald Trump's nominee for treasury secretary, Scott Bessent, this weekend, Majority Leader John Thune said on Thursday.
The U.S. Senate has officially confirmed Scott Bessent as the 79th Treasury Secretary, marking a significant shift in the nation’s financial landscape. Known for his pro-crypto stance, Bessent’s appointment signals a more progressive approach toward digital assets under the Trump administration.
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing
The Senate on Monday confirmed Scott Bessent to serve as Treasury secretary in the Trump administration, making him the highest-ranking openly gay government official in U.S. history.
Senate Majority Leader John Thune (R-S.C.) said on Monday that he thinks President Trump’s remaining Cabinet nominees have a “path” to be confirmed. “I think they all have a path to get there,”
More than any other nominee, Bessent’s responsibilities are at the heart of Trump’s economic agenda, and he can expect probing questions from the committee’s members, all of whom are well-versed on financial matters and have strong opinions on trade, taxes, debt, sanctions and other areas under Treasury’s remit.
WASHINGTON — The Senate voted Thursday to confirm John Ratcliffe as the next CIA director, approving the second high-level appointment for the new Trump administration.