During his first confirmation hearing last week, Scott Bessent, President Donald Trump's nominee for the Treasury Department, engaged in a discussion with Sen. Ron Wyden, D-Ore., regarding the U.S. and China's stance in the energy sector.
Senator Wyden raised concerns about whether the two countries are engaged in a clean energy race against each other. He questioned Bessent on his support for advancing policies promoting natural oil and gas under the Trump administration.
