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Scott Bessent, Trump and Treasury

Trump’s Treasury pick Bessent says US must keep oversight of Treasuries

The United States should keep oversight of potential problems in the U.S. bond market, President-elect Donald Trump's Treasury Secretary pick Scott Bessent told Congress on Thursday, referring to Wall Street billionaire Howard Lutnick's plan to clear Treasury futures through a UK firm.

CBS News on MSN · 22h

Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel

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.

USA TODAY on MSN · 23h

Scott Bessent's confirmation hearing for Treasury secretary: What to know, how to watch

Scott Bessent is set to have a confirmation hearing as Donald Trump's pick Department of Treasury secretary on Thursday.

minimum wage, Bessent

NBC News · 23h

Scott Bessent believes federal minimum wage should not be increased

Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should not be an increase to the federal minimum wage.

MarketWatch · 1d

Bessent says he doesn't support hike in federal minimum wage

Bessent said Thursday that he doesn't support an increase in the federal minimum wage, now set at $7.25 per hour. "I believe that the minimum wage is more of a statewide and regional issue," Bessent said,

The Hill on MSN · 21h

Trump Treasury secretary nominee won’t support raising minimum wage

Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise wages,

21hon MSN

Bessent warns of ‘devastating’ consequences if tax cuts lapse

Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect ...

1d

Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"

Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...

21h

Trump nominees Burgum, Bessent, Zeldin face confirmation hearings as witnesses support Bondi

President-elect Donald Trump’s nominee to lead the Department of Justice and Treasury Secretary nominee Scott Bessent will ...

7hon MSN

Morning Bid: Waller and Bessent help peg back Treasury yields

A look at the day ahead in U.S. and global markets from Mike Dolan Salvos from a Federal Reserve governor and the incoming ...

1don MSN

Senate Democrats circulating memo alleging Bessent tax dodges

The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment ...

1d

Bessent: Carbon Tariffs Could Be Part of an Overall Tariff Program

Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole ...

10hon MSN

Bessent Clears Senate Grilling, Paving Way for Confirmation

Treasury Secretary nominee Scott Bessent is on track to be confirmed following a confirmation hearing Thursday lacking the ...

22h

Bessent says U.S. must 'get our fiscal house in order,' a view that's key for markets

In his opening remarks, Bessent said the federal government "has a significant spending problem, driving deficits that have ...

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