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Scott Bessent Made His Way Into Trump's Inner Circle

UPI News on MSN · 7h

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 · 10h

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.

U.S. News & World Report on M… · 13h

Treasury Nominee Scott Bessent Calls for a ‘New Economic Golden Age’ Under Trump

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol on Thursday, Jan. 16, 2025, in Washington.

minimum wage, Bessent

NBC News · 12h

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 · 19h

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,

The Hill on MSN · 9h

Trump Treasury secretary nominee won’t support raising minimum wage

Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise wages,

13h

Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"

Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...

10h

Bessent defends tariffs in part by saying dollar will gain, but there's skepticism over that

When asked to defend Trump's tariff plans, Bessent said in part that the U.S. dollar could appreciate by 4% in response to a ...

14h

Bessent: Carbon Tariffs Could Be Part of an Overall Tariff Program

Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole ...

12h

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

In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of ...

9h

PHOTO COLLECTION: Trump Cabinet Bessent

This is a collection of photos chosen by AP photo editors.

9hon MSN

Bessent warns of ‘devastating’ consequences if tax cuts lapse

Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect ...

10h

Bessent says U.S. must 'get our fiscal house in order,' a view that's key for markets

In his opening remarks, Bessent said the federal government "has a significant spending problem, driving deficits that have ...

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