Billionaire investor Scott Bessent is confirmed as Treasury secretary
Scott Bessent, a wealthy hedge fund manager, was confirmed as the next Treasury Secretary by the Senate on Monday with a bipartisan vote of 68 to 29. Bessent, seen as a business-friendly choice, is expected to play a key role in advocating for the extension and possible expansion of the 2017 tax cuts. He will also make history as the first openly gay person to … Continue reading Billionaire investor Scott Bessent is confirmed as Treasury secretary
