President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.
While reactions largely fall within partisan lines, both parties appear poised to work with new HUD leadership to tackle housing challenges.
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
President-elect Donald Trump's picks for the Treasury, Housing and Urban Development and Interior departments, along with the Environmental Protection Agency, went before lawmakers on Thursday. Among them included former presidential candidate Doug Burgum and billionaire Trump donor Scott Bessent.
Four days away from inauguration, the Senate is moving quickly with confirmation hearings for President-elect Donald Trump’s cabinet. The saga began with defense secretary nominee Pete
Committees will hear from nominees hoping to lead the Treasury, Interior Housing and Urban Development departments and the Environmental Protection Agency.
Hedge fund founder Scott Bessent, Donald Trump's pick for Treasury secretary, will appear before the Senate Finance Committee on Thursday around 10:30 a.m.
Their exchange on the minimum wage shows two views of the world.
Scott Bessent, President-elect Donald Trump 's nominee to lead the Treasury, is set to make history as the nation's highest-ever ranking LGBTQ+ official, but his nomination isn't being cheered on by progressives concerned about Trump's record on LGBTQ+ rights.
The fund manager will face senators at a confirmation hearing on Thursday
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and wealth for Americans.