Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts

By Yahoo! Finance   |   2 days ago
Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts

The U.S. Senate confirmed Scott Bessent as Treasury Secretary, marking a historic first as the first openly gay individual in the role. Bessent, a past Democrat supporter, now backs Trump's economic policies, focusing on tax cuts, deficit reduction, and increasing oil production.

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