Bessent Nomination to US Treasury Clears Senate Finance Committee
(Reuters) - The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury secretary on to the full Senate for approval.
Senate panel advances Bessent nomination
Scott Bessent, President Donald Trump’s pick for Treasury secretary, won bipartisan support Tuesday as his nomination cleared a Senate committee. The Senate Finance Committee voted 16-11 to advance Bessent’s nomination,
Panel approves Scott Bessent for treasury secretary, setting up Senate vote
Scott Bessent testified before the Senate Finance Committee, where the expiring Tax Cuts and Jobs Act was a major point of conversation.
Senate Finance advances Scott Bessent's Treasury nomination
The hedge fund manager and Trump advisor also lent support to the idea of reconsidering deposit insurance limits for some kinds of accounts, such as those used for payrolls.
Treasury nominee Scott Bessent clears key Senate hurdle on way to likely confirmation
Treasury Secretary designee Scott Bessent’s nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days.
Scott Bessent’s nomination as Trump’s Treasury chief clears Senate Finance Committee
The billionaire hedge fund manager now faces a final confirmation vote in the US Senate The US Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as US President Donald Trump's Treasury secretary on to the full Senate for approval.
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