The Senate Finance Committee held a confirmation hearing for Scott Bessent for secretary of the treasury on Jan. 16, 2025. At the time the hearing ended, the committee had not yet scheduled a meeting to vote on Bessent’s nomination. Bessent must receive a majority approval vote in the committee before his nomination can be put…
Donald Trump (R) announced on Nov. 22, 2024, that he had selected Scott Bessent as his nominee for secretary of the U.S. Department of the Treasury. This position requires Senate confirmation. In a statement, Trump said, “On the eve of our Great Country’s 250th Anniversary, he will help me usher in a new Golden Age…