Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary

Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was confirmed as President Trump’s Treasury secretary on Monday. The Senate approved Bessent in a bipartisan, 68-29 vote, setting the 62-year-old up to oversee...

Jan 28, 2025 - 00:13
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Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary
Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing $4 trillion tax hike” on Americans by year’s end — was confirmed as President Trump’s Treasury secretary on Monday. The Senate approved Bessent in a bipartisan, 68-29 vote, setting the 62-year-old up to oversee...