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 ...
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Treasury Secretary Scott Bessent says America’s national debt is a disaster
During his Senate confirmation hearing on Thursday, Scott Bessent, President Donald Trump’s pick for Treasury Secretary, ...
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Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
Investors rejoice at Scott Bessent confirmation testimony
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
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Scott Bessent pressed on Trump tax agenda
Scott Bessent, Trump's pick to be Treasury Secretary was pressed on Trump's tax agenda during his Senate confirmation hearing.
How Trump’s Treasury Nominee Allegedly Avoided Nearly $1 Million in Taxes
Hedge fund manager Scott Bessent is facing questions about his personal taxes at a hearing on his treasury secretary ...
Trump’s Treasury pick rejects minimum wage hike, champions tax breaks
Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to ...
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
Bessent pledged to maintain a free IRS tax filing system at least for the 2025 tax season, while studying whether it should continue after that.
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 ...
Bracing for impact: 5 things to watch with Trump's upcoming tariffs
Countries around the world are bracing for an economic bruising starting Monday. And few have more at stake than Canada, as Trump threatens imminent trade actions. Here are the laws he might apply, ...