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 U.S. 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 ...
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Treasury Secretary Scott Bessent says America’s national debt is a disaster
During his Senate confirmation hearing on Thursday, Scott Bessent, President Donald Trump’s pick for Treasury Secretary, ...
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Mark Halperin torpedoes Dems’ ‘poor tactics and strategy’ against Trump nominees
Political analyst Mark Halperin criticized Senate Democrats on Thursday for their handling of President-elect Donald Trump’s nominees during confirmation hearings, accusing them of prioritizing ...
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 ...
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 ...
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 ...
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 ...
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 ...
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Trump’s Treasury Pick Scott Bessent Rejects Need for a US Digital Dollar
Trump's Treasury pick Scott Bessent argued against a US digital dollar, saying CBDCs suit countries lacking other investment ...
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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 ...
Who's in Donald Trump's new administration? A snapshot of age, race and gender
Sixteen women. Twelve TV and news media personalities. Ten immigrants. A former NFL football player. These are among the ...