Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement and will ensure the IRS has the tools needed for audits.
Senate Finance Committee Chairman Mike Crapo on Wednesday said he is hoping a full Senate confirmation vote for U.S. President Donald Trump's pick as Treasury secretary, Scott Bessent, could occur next week.
Video below: Scott Bessent sounds alarm on deficit during ... agencies within the Treasury Department, including the Internal Revenue Service. The IRS received a massive boost in funding from ...
The first openly gay person in the role has the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.
The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary
It was soon after the start of Scott Bessent's confirmation hearing ... Bessent faced was whether he would let the Internal Revenue Service offer taxpayers a free tax-filing platform this tax ...
Mr Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of the president.
The US Senate confirmed Scott Bessent as Treasury Secretary. He faces balancing tax cuts with deficit control and crafting a tariff strategy, becoming the first openly gay person in the role.
The Senate is set to vote Monday on the confirmation of Scott Bessent as treasury secretary, as Senate Republicans work to quickly install President Trump's picks for top administration posts.
Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was