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Scott Bessent Made His Way Into Trump's Inner Circle

U.S. News & World Report on M… · 15h

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.

CBS News on MSN · 12h

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.

Trump’s Treasury pick Bessent says US must keep oversight of Treasuries

The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.

minimum wage, Bessent

NBC News · 14h

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 · 21h

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 · 11h

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,

1hon MSN

Bessent Clears Senate Grilling, Paving Way for His Confirmation

Treasury Secretary nominee Scott Bessent is on track to be confirmed following a confirmation hearing Thursday lacking the ...

21h

What To Know About Scott Bessent: Treasury Pick Will Tout Trump ‘Economic Golden Age’ In Confirmation Hearing

Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the ...

15h

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 ...

14h

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 ...

17h

Bessent: Carbon tariffs could be part of an overall tariff program

President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is ...

12h

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 ...

11h

PHOTO COLLECTION: Trump Cabinet Bessent

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

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