This article covers Scott Bessent's hearing for the Treasury position, highlighting his economic priorities, including making the 2017 tax cuts permanent, a more aggressive trade agenda, and focusing on productive investment. It also discusses Bessent's background, his work with George Soros, and his support for Trump's economic policies.
I’m most interested in Scott Bessent ’s hearing for Treasury since Sen. Elizabeth Warren has a spot on the committee.
“My life has been the ‘only in America’ story that I am determined to preserve for future generations,” Bessent says in his statement. He has also been supportive of Trump’s plan to reduce regulations on cryptocurrencies and digital assets. Bessent has also argued that mass deportations of illegal immigrants would be less costly than the status quo given the cost of crime and fentanyl deaths.
“A big part of this will require building private sector collaboration to promote common sense, smart regulation that will allow American innovation to continue to lead the world,” he adds.
Scott Bessent Treasury Trump Economy Tax Cuts
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