Bessent Confirmed as Trump’s Treasury Chief, Giving Him Key Role in Extending Tax Cuts
The South Carolina resident will be the first openly gay individual to serve in the role, a historic first.
WASHINGTON — The Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.
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