Jan 27 Senate confirms Scott Bessent as treasury secretary By Fatima Hussein, Associated Press Bessent will now have the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth. Continue reading
Jan 16 WATCH: Scott Bessent testifies at Senate confirmation hearing for treasury secretary By Fatima Hussein, Associated Press 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 tax filing system that Republicans have called to be cut. Continue reading
Jan 16 Watch 6:43 The questions Trump’s Cabinet picks faced in Thursday’s confirmation hearings By Lisa Desjardins, Kyle Midura, Shrai Popat More of President-elect Trump's picks for key Cabinet positions faced questions from senators on Capitol Hill in another mammoth day of confirmation hearings. Lisa Desjardins reports. Continue watching
Nov 25 Watch 6:16 What Trump’s economic appointments tell us about his 2nd-term agenda By William Brangham, Karina Cuevas President-elect Trump continues to round out his Cabinet, including some key economic appointments. He's chosen billionaire hedge fund manager Scott Bessent for treasury secretary and for commerce, he's chosen Howard Lutnick, the CEO of Cantor Fitzgerald and a big backer… Continue watching
Nov 22 Trump names hedge fund founder Scott Bessent as pick for Treasury secretary By Fatima Hussein, Chris Rugaber, Josh Boak, Chris Megerian, Associated Press President-elect Donald Trump announced Friday that he'll nominate billionaire hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary, one of several personnel decisions that he unveiled as he closed out the workweek. Continue reading