Donald Trump’s Treasury pick says unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oil
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of eliminating the U.S. debt limit is "nuanced," but said if Trump wants to do so he will work with him and with Congress to get it done.
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.
Trump's choice for treasury secretary questioned on the economy
Scott Bessent, President-elect Trump's pick for Treasury Secretary, was pressed about Trump's economic plans at his Senate confirmation hearing. NBC News' Garrett Haake reports.
Treasury secretary nominee warns increased government spending and no extension of Trump tax cuts will lead to ‘economic crisis’
Fox News senior national correspondent Rich Edson has the latest on the Senate confirmation hearings for President-elect Trump’s Cabinet nominees on ‘Special Report.’
What to look out for on Donald Trump’s first day in office
Donald Trump will be inaugurated as the 47th president of the US on Monday. Last week, senior Republicans revealed that he wants to issue a large number of executive orders in the first few days of ...
Trump Begins Selling New Crypto Token, Raising Ethical Concerns
The president-elect and his family have a direct and potentially lucrative stake in the sale of a cryptocurrency product that ...