During his remarks from the Senate floor today on the confirmation vote for Scott Bessent's Treasury Secretary nomination, Senator Ron Wyden blasted Bessent over his qualification for the role.
Duing the confirmation hearing for Scott Bessent in the Senate this week, Senator Ron Wyden went scorched earth on nominee to be Treasury Secretary, Scott Bessent.
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American tariffs,
Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just to frame this for everyone in the room,
Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was
Neeraj Singh joins the Buffalo, New York-based bank after a four-year stint at USAA, which has seen an exodus of top executives. The megabank is simplifying the management structure of its private bank. Regional leaders will now report directly to Andy Sieg, head of wealth.
Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement and will ensure the IRS has the tools needed for audits.
Ron Wyden, D-Ore., said in his closing remarks. Bessent also fielded questions over many of Trump's other proposed economic policies. Tariffs have been a particularly contentious topic: Economists warn that Trump's sweeping proposals could restart inflation.
The Senate voted 67-23 over the weekend to consider the hedge fund billionaire's nomination, setting him up for a vote this evening.
Scott Bessent, a Wall Street veteran who was born and raised in South Carolina, has defended the Republican president Donald Trump's tax-cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status.