President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
President-elect Donald Trump's picks for the Treasury, Housing and Urban Development and Interior departments, along with the Environmental Protection Agency, went before lawmakers on Thursday. Among them included former presidential candidate Doug Burgum and billionaire Trump donor Scott Bessent.
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.
Committees will hear from nominees hoping to lead the Treasury, Interior Housing and Urban Development departments and the Environmental Protection Agency.
Trump recreates mugshot in official portrait; Nancy Pelosi and Michelle Obama to skip inauguration: Live updates - President-elect says estranged first-term veterans like Mike Pence, John Bolton, and
Sixteen women. Twelve TV and news media personalities. Ten immigrants. A former NFL football player. These are among the first 100 people who President-elect Donald Trump has named to various positions for his upcoming administration.
Will the Senate GOP confirm controversial picks like Pete Hegseth and RFK Jr.? Here’s this week’s full Senate confirmation hearing schedule.
Senate hearings are scheduled this week for several of Trump's picks for the Cabinet. Many nominees have met with senators individually. Now, they will go before the committees overseeing the agencies that Trump wants them to run. Here's a look at the schedule for Senate hearings set so far, in Eastern time:
Scott Bessent told the Senate he saw 'no reason' for the U.S. to pursue a central bank digital currency, aligning with Trump's past comments.