Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage.



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The Hill

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District of Columbia

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Trump Treasury secretary nominee won’t support raising minimum wage

Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise wages, which would require an act of Congress. But Sen. Bernie Sanders (I-Vt.), who introduced a bill in the 117th Congress to raise the minimum wage to…

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Scott Bessent, President-elect Donald Trump's nominee for Treasury Secretary, said China's economy is in recession, if not a recession.

美國當選總統唐納德‧川普（特朗普）提名的財政部長斯科特‧貝森特（Scott Bessent）表示，中國經濟即使不是處於蕭條，也已經陷入衰退。

美財長提名人：中國經濟已陷入蕭條或衰退 | 川普就職 | 川普內閣 | 美國關稅

大纪元 Epoch Times

Falun Gong

US Treasury Secretary Nominee: China's economy has fallen into depression or recession | Trump inauguration

Nominee for secretary of the Department of the Treasury Scott Bessent has vowed that when President-elect Donald Trump returns to the White House, he will unleash “a new economic golden age.”
Bessent, a billionaire hedge fund manager, appeared before the Senate Finance Committee for his confirmation hearing in Washington on Jan. 16. Democrats asked questions about tax policy, tariffs, and other pressing economic issues.
“As President Trump has s…

The Epoch Times

Epoch Media Group

New York

5 Takeaways From Bessent’s Confirmation Hearing for Treasury Secretary

Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should not be an increase to the federal minimum wage.

NBC News

Roberts family

Scott Bessent believes federal minimum wage should not be increased

Get latest articles and stories on World at LatestLY. During the Senate confirmation hearings, US Treasury Secretary-designate Scott Bessent called China an "unbalanced economy," and described the nation as being in a "severe recession." World News | US Treasury Secretary-designate Criticises China's Economic Practices, Proposes Sanctions on Iran.

Latestly

US Treasury Secretary-designate Criticises China's Economic Practices, Proposes Sanctions on Iran

Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage, The Hill reports.

Political Wire

Goddard Media LLC

Trump’s Treasury Pick Opposes Hiking Minimum Wage

President-elect Donald Trump's nominee for treasury secretary, Scott Bessent, faced questioning Thursday during a Senate Finance Committee hearing.

WMUR

Hearst Communications

New Hampshire

Sen. Hassan questions treasury secretary nominee during confirmation hearing

WASHINGTON — President-elect Donald Trump’s choice for Treasury secretary appeared on track for Senate confirmation after a wide-ranging hearing Thursday that included substantial debate on tax policy and how tariffs would affect everyday Americans.
	Scott Bessent, a hedge fund manager whom Trump announced as his pick in November, repeatedly deferred to the incoming president’s policies during the Finance Committee hearing, though he did delve i…

Alternet

John K. Byrne

Michael Rogers (publisher)

Billionaire Trump Treasury nominee is against raising minimum wage above $7.25 an hour

Trump's incoming Treasury secretary summarized the administration's perspective perfectly: Yes to tax breaks for the wealthy, no to increasing the minimum wage.

MSNBC

Trump’s Treasury pick rejects minimum wage hike, champions tax breaks

Scott Bessent, who was nominated for the position of United States Secretary of the Treasury, expressed his opinion at a Senate hearing about the need for a digital dollar. According to him, the American currency already has a strong reputation and significant purchasing power, which makes the implementation of a digital currency less relevant to the USA. He believes that this innovation is more pertinent to nations like China, which face challe…

Scott Bessent, que foi indicado para o cargo de secretário do Tesouro dos Estados Unidos, expressou sua opinião em uma audiência no Senado sobre a necessidade de um dólar digital. Segundo ele, a moeda americana já possui uma forte reputação e um poder de compra significativo, o que torna a implementação de uma moeda digital menos relevante para os EUA. Ele acredita que essa inovação é mais pertinente para nações como a China, que enfrentam desaf…

Trump Treasury secretary nominee won’t support raising minimum wage

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