Treasury Secretary nominee Scott Bessent says Trump tax cuts should not expire
Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. “This is the single most important economic issue of the day,” Bessent told the committee.
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they ...
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The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
Scott Bessent, a top fundraiser to the Trump campaign, is the president-elect's pick for treasury secretary. He will be tasked with implementing any tax cuts a Republican-controlled Congress may ...
The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as ...
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'That Defies Common Sense': Ron Wyden Goes Scorched Earth On Trump Nominee During Senate HearingDuing the confirmation hearing for Scott Bessent in the Senate this week, Senator Ron Wyden went scorched earth on nominee to ...
Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to ...
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