Scott Bessent wins Senate confirmation as Treasury secretary

The U.S. Senate confirmed Scott Bessent as Treasury secretary in President Trump’s administration with a 68-29 vote, making him the 79th Treasury secretary. Bessent, founder of Key Square Group, will assist in implementing Trump’s economic agenda, focusing on tax policy and addressing the nation’s debt and deficit. He supports gradual tariffs and extending the Tax Cuts and Jobs Act, refusing to raise taxes on the highest earners.

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