Senate confirms Scott Bessent as Trump’s Treasury secretary
- The U.S. Senate confirmed Scott Bessent as Treasury Secretary on January 27, 2025, with a vote of 68-29, including support from 16 Democrats.
- Bessent is the first openly gay Treasury Secretary, tasked with extending tax cuts and managing economic policies under President Donald Trump.
- Bessent faces challenges like rising budget deficits and a debt limit, declaring that failure to renew tax cuts would be a "calamity" for middle-class Americans.
- He committed to maintaining the IRS' direct file program and ensuring no default on his watch during his confirmation hearing.
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Total News Sources0
Leaning Left41Leaning Right53Center86Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 23%
C 48%
R 29%
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