President-elect Donald Trump’s pick for Treasury secretary testified Thursday before the Senate Banking Committee.
WASHINGTON — 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 IRS ...
Scott Bessent, nominated by President-elect Donald Trump for Treasury Secretary, advocates maintaining the dollar's status, tougher Russian sanctions, extending Trump's tax cuts, and Fed independence.