Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, including targeted tariffs, general tariffs as revenue generators and tariffs as a negotiation tool.
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
Billionaire hedge fund manager Scott Bessent won Senate approval Monday ... on Russian oil majors as a way to end the war in Ukraine, while signaling a hawkish approach on China.
Scott Bessent faced questioning by lawmakers from the Senate Finance Committee earlier Thursday as part of his confirmation hearing as a Trump Cabinet nominee. With President-elect Donald Trump's proposed tariff policies making waves ahead of his re-entry into the White House,
Scott Bessent, Donald Trump’s nominee for treasury secretary, made it clear during his confirmation hearing Thursday that he’s only interested in protecting the interests of the rich and powerful. The hedge fund manager with a net worth of at least $500 million repeatedly spiked down questions about whether he would support working-class priorities.
Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington National Airport, U.S. officials said on Wednesday.
The US Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for US President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing.
I’m not looking to hurt Russia,” President Donald Trump recently declared in a statement he posted on his TruthSocial account. “I love the Russian people, and always had a very good relationship with President Putin.