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The Latest Breaking News from Scott Bessent

America's Fiscal Mess Could Limit Government's Crisis Response

Scott Bessent warns of high deficits hindering crisis response and emphasizes the need to reduce government spending for fiscal sustainability.

Top News · Jan 16, 2025

US Faces Economic Calamity If Trump Tax Cuts Expire

Scott Bessent warns of economic calamity if 2017 Trump tax cuts aren't extended, affecting middle-class Americans and adding to the deficit.

Top News · Jan 16, 2025

Bessent warns of 'devastating' consequences if tax cuts lapse - Roll Call

Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump’s intended Treasury secretary nominee.

Roll Call · Jan 16, 2025

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Treasury Secretary Pick Disputes Impact Of Proposed Tariffs

Debate over proposed tariffs by President-elect Trump and their impact on stakeholders, analyzed by Scott Bessent.

Top News · Jan 16, 2025

US Housing Market Faces Affordability Crisis And Shortage

Scott Bessent sheds light on the US housing affordability crisis, citing high prices, interest rates, and a housing shortage.

Top News · Jan 16, 2025

Treasury Secretary Nominee Accused Of Tax Loophole Manipulation

Senator Wyden raises concerns about nominee Bessent's tax loophole affecting Medicare funding and tax fairness.

Top News · Jan 16, 2025

Treasury Nominee Urges Extension Of Tax Cuts For Economy

Scott Bessent highlights the urgency of extending the 2017 Tax Cuts and Jobs Act to prevent economic turmoil and tax increases for the middle class.

Top News · Jan 16, 2025

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Trump's Treasury Secretary Nominee Claims There Will Be 'Economic Calamity' If Republican Tax Cuts Are Not Extended

Scott Bessent warned about the dangers of not extending tax cuts implemented during Donald Trump's first term.

International Business Times · Jan 16, 2025

US Treasury Nominee Says Trump Can Usher In 'Economic Golden Age'

Donald Trump's nominee for Treasury chief spoke Thursday of ushering in "a new economic golden age," as he faced grilling by lawmakers about the incoming US administration's economic agenda.

International Business Times · Jan 16, 2025

Scott Bessent Vows Economic Prosperity Under Trump Administration

Scott Bessent, Trump's Treasury nominee, optimistic about economic growth and facing scrutiny from Democratic lawmakers.

Top News · Jan 16, 2025

Sen. Graham Praises Trump's Treasury Nominee Scott Bessent

Sen. Lindsey Graham supports Scott Bessent as Treasury nominee, highlighting qualifications and alignment with Trump's agenda.

Top News · Jan 16, 2025

Senate Finance Committee Backs Scott Bessent For Treasury Secretary

Republican Sen. Mike Crapo supports Scott Bessent's nomination for Treasury secretary, emphasizing pro-growth tax policies and fair trade deals.

Top News · Jan 16, 2025

Scott Bessent To Divest 1M Assets For Treasury Department Role

Scott Bessent, Treasury Secretary nominee, plans to divest 1 million assets to uphold ethical standards.

Top News · Jan 16, 2025

Hedge Fund Manager Scott Bessent Nominated For Treasury Secretary

Scott Bessent, Trump's Treasury secretary nominee, discusses economic priorities and vision for prosperity.

Top News · Jan 16, 2025

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The Guardian - US · Jan 16, 2025

Democrats concerned after Mike Johnson fires top Republican from House committee reportedly at Trump’s request – as it happened

House speaker removed intelligence committee chair Mike Turner, whose stances have run afoul with Trump

Top News · Jan 16, 2025

Billionaire Scott Bessent Nominated For Treasury Secretary Position

Scott Bessent, Trump's Treasury Secretary nominee, faces Senate questioning and must tackle economic challenges.

Top News · Jan 16, 2025

Wealthy Officials Face Scrutiny Over Financial Disclosures In Trump Administration

Explore the scrutiny faced by wealthy officials in Trump's administration over financial conflicts of interest and lack of government experience.

Top News · Jan 16, 2025

Treasury Nominee Bessent Aims To Spark Economic Growth

Scott Bessent, U.S. Treasury nominee, faces scrutiny on taxes, tariffs, and fiscal policies. Learn about his priorities and challenges ahead.

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Roll Call · Jan 15, 2025

Democrats: Bessent avoided Medicare tax on hedge fund earnings - Roll Call

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary.

Hedge-Fund Manager Scott Bessent To Divest Assets If Confirmed

Scott Bessent, Treasury nominee, pledges transparency by divesting assets and resigning from firm to address conflicts of interest.

The Independent UK · Jan 13, 2025

This is when Donald Trump’s most controversial administration picks will go before the Senate

Hearings in the Senate are set to begin on Sunday

Fortune · Jan 12, 2025

Trump's pick for Treasury secretary discloses assets worth at least $521 million, including a home in the Bahamas and S&P 500 ETFs

The actual value of his assets is likely much higher, as several of his top holdings were listed simply as “over $50,000,000.”

Senate Hearings Schedule For Trump Cabinet Nominations

Senate hearings for President-elect Trump's Cabinet picks, including Doug Collins, Pete Hegseth, Kristi Noem, and Marco Rubio, among others.

Reason · Jan 10, 2025

Janet Yellen's Short-Term Thinking Could Cost the U.S. Big

The Treasury Secretary’s debt decisions during the pandemic locked in low rates—but only for two years. Now, taxpayers are paying the price.

The Independent UK · Dec 6, 2024

Trump adds more billionaires to his administration after promising to help ‘everyday Americans’

The incoming administration will be the wealthiest in history, with more than a dozen ultra-rich nominees for critical agencies and major diplomatic roles

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