Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
Trump's Treasury pick Bessent defended tariffs. But 'jitters' remain for markets.

Scott Bessent's confirmation hearing for Treasury secretary

US Treasury nominee Scott Bessent faces sharp questions from Democrats at confirmation hearing
Treasury nominee plans to say at confirmation hearing that Trump will unleash ‘economic golden age’
Watch: Scott Bessent testifies at secretary of the treasury confirmation hearing
Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.
Trump's Treasury pick Bessent won’t discriminate on tax cheats, vows fairness
Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement and will ensure the IRS has the tools needed for audits.
IRS head to resign 3 years before his term expires, as Donald Trump takes office
IRS Commissioner Danny Werfel will resign to preempt Donald Trump firing him. Trump had already nominated former GOP Rep. Billy Long to replace him.
Confirmation hearings day 3 highlights: Doug Burgum, Scott Bessent and other Cabinet picks face Senate questions
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.
Trump announces new External Revenue Service to collect foreign money
President-elect Donald Trump said he would establish an External Revenue Service to collect tariffs, duties and all revenue from foreign sources.
Scott Bessent backs Fed independence, dollar, sanctions on Russian oil
Asked whether Congress should abandon the federal debt ceiling, Bessent said that if Trump requested that, he would work with Congress to make it happen
Democrats: Bessent avoided Medicare tax on hedge fund earnings
Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary.
Bessent warns of ‘devastating’ consequences if tax cuts lapse
Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump’s intended Treasury secretary nominee.
Trump's Treasury pick Bessent won't discriminate on tax cheats, vows fairness
Treasury secretary nominee Scott Bessent testified in his confirmation hearing that he won't discriminate in tax enforcement and will ensure the IRS has the tools needed for audits.
Bessent talks about tax enforcement — carefully
During Scott Bessent's confirmation hearing Thursday, Sen. Ron Wyden, an Oregon Democrat, pressed President-elect Trump's nominee for Treasury secretary on what resources he would support for IRS enforcement against rich households.
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Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
Bessent pledged to maintain a free IRS tax filing system at least for the 2025 tax season, while studying whether it should continue after that.