Trump, Scott Bessent and Treasury

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.
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.
Treasury Nominee Scott Bessent Calls for a ‘New Economic Golden Age’ Under Trump
Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol on Thursday, Jan. 16, 2025, in Washington.
Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine
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.
Treasury secretary nominee Scott Bessent to make call to action during hearing: 'Generational opportunity'
Scott Bessent, President-elect Trump's pick for treasury secretary, will appear for a Senate Finance Committee confirmation hearing on Thursday, where he will discuss the incoming president's economic vision.
Trump's US Treasury Pick Bessent Says Extending Tax Cuts a Top Priority
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day."
Bessent says he'd support potential tougher sanctions to force Russia to the negotiating table on Ukraine
Under questioning from Sen. Mark Warner, Democrat of Virginia, Bessent said he would support toughening the sanctions regime on Russia in an effort to bring the war in Ukraine to an end. If President-elect Trump requests it,
Bessent Says He Would Support Sanctioning Russian Oil Majors
Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, said he would support dialing up sanctions on the Russian oil industry to end the war in Ukraine.
Trump's Treasury Pick Bessent Calls for Stronger Sanctions on Russia Over Ukraine War
President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so. Bessent told U.
Bessent says he’ll seek tougher Russian oil sanctions if Trump asks
The Treasury secretary nominee supports tightening sanctions on the Russian oil sector “to levels that would bring the Russian Federation to the table.”
Bessent Clears Senate Grilling, Paving Way for His Confirmation
Treasury Secretary nominee Scott Bessent is on track to be confirmed following a confirmation hearing Thursday lacking the ...
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 ...
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 ...
Confirmation hearings day 3 highlights: Doug Burgum, Scott Bessent and other Cabinet picks face Senate questions
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of ...
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 ...
PHOTO COLLECTION: Trump Cabinet Bessent
This is a collection of photos chosen by AP photo editors.
Bessent: Carbon tariffs could be part of an overall tariff program
President-elect Donald Trump's pick for U.S. Treasury Secretary, Scott Bessent, told U.S. senators on Thursday he is ...
Bessent defends tariffs in part by saying dollar will gain, but there's skepticism over that
When asked to defend Trump's tariff plans, Bessent said in part that the U.S. dollar could appreciate by 4% in response to a ...