USA Today reports:
The U.S. Senate confirmed Scott Bessent Monday to serve as President Donald Trump’s Treasury secretary, making the longtime hedge fund manager the point person for the new administration on a host of key economic issues. Bessent was confirmed by a vote of 68 to 29.
The new Treasury head’s nomination drew sharp opposition from progressive Democrats, including Sen. Elizabeth Warren, D-Mass., and Sen. Ron Wyden, D-Ore., who both accused Bessent of flouting Treasury tax rules in floor speeches delivered in the minutes before the vote.
During his confirmation hearing, Bessent, 62, said extending the big tax cuts Trump pushed during his first administration would be his priority.
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Senate confirms Scott Bessent to be U.S. Secretary of the Treasury by a vote of 68-29
— The Union Herald (@theunionherald.bsky.social) January 27, 2025 at 6:10 PM
Billionaire Treasury Nominee Opposes Raising Minimum Wage, Backs Tax Cuts For Super-Wealthy, Backs Trump Tariffs https://t.co/GP1qPZqMOB pic.twitter.com/lIhkP7xFO7
— JoeMyGod (@JoeMyGod) January 16, 2025