Senate confirms Scott Bessent as Treasury Secretary amid scrutiny over past campaign ties.

The U.S. Senate has confirmed Scott Bessent, a former hedge fund manager, as the new Treasury Secretary under the Trump administration. Bessent's confirmation is expected to play a key role in efforts to extend Trump's tax cuts. Despite facing scrutiny over his involvement with the 2016 campaign finances, Bessent secured the position with Senate approval.

2 months ago
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