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.
Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.
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.
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.
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.
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.
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda -– which is already
Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.
The Senate voted 67-23 over the weekend to consider the hedge fund billionaire's nomination, setting him up for a vote this evening.
Bessent, a Wall Street veteran who grew up in South Carolina, has praised the Republican president’s plans to slash taxes and impose tariffs while calling for measures to protect supply chains and the