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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.
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.
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.
Yellen, Treasury and debt ceiling
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
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,
Janet Yellen says Treasury will take 'extraordinary measures' to avoid hitting debt ceiling Jan 21
It is not clear how long Congress will have to secure a deal on funding or raising the debt ceiling again once the measures are taken, but in the past it has helped stall the default for several month
2d
on MSN
Treasury Secretary Pick Scott Bessent Says Trump Could Bring ‘New Economic Golden Age’
Scott Bessent defended tariffs and argued for tax-cut extensions during his confirmation hearing as President-elect Donald ...
9h
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...
2d
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 ...
1d
on MSN
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
1d
on 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 ...
1d
AMERICAS Waller and Bessent help peg back Treasury yields
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
2d
on MSN
Sanders pushes Treasury nominee on raising minimum wage
January 16, 2025. More for You ...
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Trump
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