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Scott Bessent Treasury Secretary confirmation hearing

5 things the nominee for Treasury Secretary signaled about what markets can expect in a 2nd Trump term

Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and wealth for Americans.

Boise State Public Radio · 1d

Trump's pick for Treasury Secretary is Scott Bessent. Here's what to know

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.

KDVR-TV Denver on MSN · 1d

Treasury Secretary nominee Scott Bessent says Trump tax cuts should not expire

Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. “This is the single most important economic issue of the day,” Bessent told the committee.

Treasury, Yellen

The Washington Post · 20h

Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling

In one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling,

POLITICO on MSN · 19h

Treasury to begin ‘extraordinary measures’ as US approaches debt cliff

The breach of the debt ceiling officially starts the clock on how long Trump and Congress will have to act to avoid a financially catastrophic default.

Yahoo · 3h

Yellen says Treasury will take 'extraordinary measures' to avoid default

U.S. Treasury Secretary Janet Yellen is warning that the government will reach its debt limit on Tuesday and will need to take “extraordinary measures” to avoid risking a potentially catastrophic default.

21hon MSN

Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’

The fund manager will face senators at a confirmation hearing on Thursday ...

Treasury Secretary Janet Yellen praises Biden's pandemic response in farewell address

Yellen said the Biden administration's actions reduced major risks, and noted that inflation fell earlier in the US than in ...

Reuters2d

Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil

WASHINGTON, Jan 16 (Reuters) - President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal ...

1don MSN

Progressives are frustrated by Biden’s final-days warning of billionaire influence

The Democratic Party's left wing is responding to President Joe Biden's strong words about the possibility of an American ...

The Hacker News12h

U.S. Sanctions Chinese Cybersecurity Firm Over Treasury Hack Tied to Silk Typhoon

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has imposed sanctions against a Chinese cybersecurity ...

20h

US Treasury to launch measures to avoid debt limit breach on Tuesday

U.S. Treasury Secretary Janet Yellen said that the government will reach its statutory borrowing limit on Tuesday and begin ...

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Scott Bessent Treasury Secretary confirmation hearing

Treasury, Yellen

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