Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
S.C., attorney general nominee Pam Bondi said she would support classifying Mexican cartels as foreign terrorist organizations and expansion of detention centers for illegal immigrants.
David Edwards has spent over a decade reporting on social justice, human rights and politics for Raw Story. He also writes Crooks and Liars. He has a background in enterprise resource planning and ...
The South Carolina senator pushed for putting border security ahead of tax cuts during a Fox News interview Sunday.
Sen. Lindsey Graham (R-S.C.), who last month called allegations of sexual assault and other misconduct against Pete Hegseth “very disturbing,” on Tuesday said that President-elect Trump’s ...
U.S. Treasury nominee Scott Bessent is facing sharp questions from Democrats on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to
President-elect Donald Trump’s choice for Treasury secretary appeared on track for Senate confirmation after a wide-ranging hearing Thursday that included substantial debate on tax policy and how tariffs would affect everyday Americans.
Extending the 2017 Tax Cuts and Jobs Act is a top economic priority, and failing to keep tax cuts in place will wreak havoc on the middle class, according to President-elect Trump’s pick to lead the Treasury Department, Scott Bessent .
With U.S.-Russian relations at their most strained since the Cold War, reducing the risk of direct military confrontation and stabilizing global security, the United States must balance firm deterrence with strategic diplomacy to turn a bitter rivalry into competitive coexistence.
Republicans focused on how Turner can support deregulation to spur development and increase the nation’s housing stock. The first Black person selected to be a member of Trump’s second term cabinet was also asked about Obama- and Biden-era initiatives to curb housing discrimination.
Live updates on the Trump transition ahead of next week's inauguration. Follow the latest as Senate confirmation hearing continue for the incoming administration.
In testimony, Scott Bessent said the U.S. must secure vulnerable supply chains, and levy sanctions to address national security concerns.