5 Takeaways From Bessent’s Confirmation Hearing for Treasury Secretary5 Takeaways From Bessent’s Confirmation Hearing for Treasury Secretary
Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary, testifies before the Senate Committee on Finance at the U.S. Capitol on Jan. 16, 2025. Madalina Vasiliu/The Epoch Times

5 Takeaways From Bessent’s Confirmation Hearing for Treasury Secretary

Tax cuts and tariffs were on the docket for Scott Bessent’s confirmation hearing.
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Nominee for secretary of the Department of the Treasury Scott Bessent has vowed that when President-elect Donald Trump returns to the White House, he will unleash “a new economic golden age.”

Bessent, a billionaire hedge fund manager, appeared before the Senate Finance Committee for his confirmation hearing in Washington on Jan. 16. Democrats asked questions about tax policy, tariffs, and other pressing economic issues.

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