Their exchange on the minimum wage shows two views of the world.
Scott Bessent, President-elect Trump's pick for treasury secretary, will appear for a Senate Finance Committee confirmation hearing on Thursday, where he will discuss the incoming president's economic vision.
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is "perplexed" that the Biden administration did not impose more sanctions and tariffs on Russia's economy.
President-elect Donald Trump’s pick to run the Treasury Department does not expect the incoming president’s proposed tariffs to drive up inflation and says he is looking forward to helping extend the Trump tax cuts.
Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."
Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could make him the first openly gay cabinet member of a Republican administration.
Donald Trump's nominee for Treasury Secretary Scott Bessent told Sen. Ron Wyden why it is goofy to claim the U.S. is in an "arms race with China for clean energy." SCOTT BESSENT: Senator Wyden, just to frame this for everyone in the room,
Ever since incoming Treasury Secretary Scott Bessent underwent his Senate confirmation hearings this week, there has been chatter regarding his 3-3-3 strategy, a plan to help reduce the federal deficit while simultaneously boosting the economy.
President Donald Trump will be sworn back into office, the culmination of a comeback that seemed impossible just a few short years ago. Almost as improbable is the inner circle Trump has cultivated in his second tour of office: a coterie of Silicon Valley powerbrokers that seem ready to upend the longstanding balance of power in Washington,
As Donald Trump returns to the White House on January 20, Republicans will have a majority in the Senate. This means that his Cabinet nominees will likely face an easier path to confirmation, even for those who may have surrounded themselves with controversies.