During the confirmation hearing for Scott Bessent this week in the U.S. Senate, Senator Ron Wyden pressed Bessent on whether "Direct File" will be operative for Americans this tax season.
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes Chinese companies are likely to reduce prices in response to American tariffs,
Senate Finance ranking member Ron Wyden and other committee Democrats are pressing Scott Bessent, President Donald Trump’s intended nominee for Treasury secretary, to submit to an IRS audit and release his tax filings ahead of the panel’s vote on his nomination Tuesday.
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,
Senate confirmation hearings for President-elect Trump’s Cabinet finished its first week with as many questions as it started with for some Democratic senators. Senator Ron Wyden, D-Ore., gives his thoughts on the hearing of Trump Treasury Secretary pick Scott Bessent,
Latest news and live updates as the Trump administration prepares for office next week. Follow live as Senate confirmation hearings continue for attorney general pick Pam Bondi.
US lawmakers grilled Treasury Secretary nominee Scott Bessent last Thursday, questioning the incoming Trump Cabinet member on the administration's economic growth goals, tax cuts, proposed tariff policies,
Ron Wyden, D-Ore., said in his closing remarks. Bessent also fielded questions over many of Trump’s other proposed economic policies. Tariffs have been a particularly contentious topic: Economists warn that Trump’s sweeping proposals could restart ...
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.
The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.
The Senate Finance Committee on Jan. 21 advanced the nomination of Scott Bessent, President Donald J. Trump’s pick for Treasury secretary, in a 16-11 vote. All 14 committee Republicans and two Democrats supported Bessent’s nomination, which will now head to the full Senate for consideration.