‘No reason’ for U.S. to have central bank digital currency, says Scott Bessent
The Senate Finance Committee holds a confirmation hearing for Scott Bessent, President-elect Donald Trump’s pick for the U.S. Treasury Secretary.
Sun Sentinel14d
Watch: Scott Bessent testifies at secretary of the treasury confirmation hearing
Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee. The treasury secretary ...
Trump's Bessent To Explore GSE Restructuring Options
Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration ...
Fox News28d
Trump taps team to work with US Treasury nominee Scott Bessent
President-elect Trump announced several appointments to his administration Thursday, including the team that will work with his nominee for the U.S. Treasury, Scott Bessent. In a post on Truth ...
New York Post14d
US will face ‘economic calamity’ for ‘middle and working class’ if Trump tax cuts expire: Treasury pick Scott Bessent
Treasury Secretary-designate Scott Bessent declared during his Senate confirmation hearing Thursday. Bessent warned lawmakers that the US risks a “crushing $4 trillion tax hike” — the larges ...
Sun Sentinel14d
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
WASHINGTON (AP) — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an ...
Republicans leave Florida frustrated with lack of final plan to pass Trump agenda
Speaker Mike Johnson (R-La.) arrived at this week’s House Republican retreat with hopes of uniting the fractious GOP ...
Treasury1d
Trump Renews Threat of Universal Tariff
President Donald Trump said that he wants to impose across-the-board tariffs that are “much bigger” than 2.5 percent. This is ...