Tag: Secretary of the Treasury

  • Scott Bessent confirmed as secretary of the Treasury

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    The U.S. Senate voted to confirm Scott Bessent as secretary of the Treasury on Jan. 27, 2025. The Senate voted 68-29 in favor of his nomination with 15 Democrats, one independent who caucuses with Democrats, and 52 Republicans voting in favor. This was the fifth member of President Donald Trump’s (R) Cabinet confirmed in his…

  • Senate Finance Committee holds confirmation hearing for Scott Bessent for secretary of the treasury

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    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 Scott Bessent as his nominee for secretary of the Treasury in his second presidential term

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    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…