Scott Bessent Faces Tough Questions on Trump’s Tax Cuts and Tariffs During Treasury Secretary Nomination Hearing
Scott Bessent, a hedge fund manager and economic advisor to President-elect Donald Trump, is nominated to be the Secretary of the Treasury. During his confirmation hearing on January 16, 2025, Bessent addressed key issues like Trump’s proposed tax cuts and their potential impact on the economy. He emphasized the importance of renewing these tax cuts ...