Investors rejoice at Scott Bessent confirmation testimony
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
Morning Report — Treasury choice touts Trumponomics
Treasury nominee Bessent a shoo-in Trump’s foreign policy steps into unstable world Gaza truce back on track Inauguration Day ...
Treasury nominee attends hearing
U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policies, ...
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 ...
Trump’s pick to lead the Treasury Department backs tariffs and extended tax cuts during confirmation hearing
South Carolina billionaire investor and hedge-fund manager Scott Bessent faced questioning on Capitol Hill Thursday during ...
5 things to know before the stock market opens Friday
The Dow Jones Industrial Average and the S&P 500 are headed for their best weeks since the November election. SpaceX launched ...
Trump’s Treasury pick rejects minimum wage hike, champions tax breaks
Scott Bessent summarized the incoming administration’s perspective perfectly: Yes to tax breaks for the wealthy, no to ...
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Trump treasury pick's 'magical and paper-thin' economic plan torn to shreds by columnist
Washington Post columnist Catherine Rampell has some unkind words for the economic plan being pitched by Scott Bessent, who ...
The ‘Trump bump’ has survived tariff announcements—but will it survive the good, the bad, and the unknown in his cabinet?
Trump's picks fit into three groups: the fortifiers (the good), the detractors (the bad), and the mercurial influencers who ...
Trump’s presidential transition: TikTok ban looms as inauguration moves inside
Kristi Noem, Donald Trump’s pick to oversee the Department of Homeland Security, will appear before senators for her confirmation hearing. Follow for the latest news about Trump’s presidential ...