President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
While reactions largely fall within partisan lines, both parties appear poised to work with new HUD leadership to tackle housing challenges.
Senate hearings are scheduled this week for several of Trump’s picks for the Cabinet. Thursday's hearings include Doug Burgum, Scott Turner, Lee Zeldin, Pam Bondi and Scott Bessent. Watch live.
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.
Four of President-elect Trump's cabinet nominees, including Scott Bessent for Treasury Secretary, Doug Burgum for Interior Secretary, Lee Zeldin for EPA, and Scott Turner for HUD, will face Senate confirmation hearings on Thursday.
Lawmakers on Capitol Hill questioned Scott Bessent’s stance on taxes ... the president’s National Economic Council. If confirmed, Bessent will oversee massive agencies within the Treasury Department, including the Internal Revenue Service.
Trump seeks sharp reductions in federal spending, deeper tax cuts, seemingly universal tariffs and sweeping deregulation.
A slate of President Trump’s Cabinet nominees have appeared before senators in recent days for key hearings on their road to confirmation. Sen. Marco Rubio (R-Fla.) was the first to be confirmed,
Sixteen women. Twelve TV and news media personalities. Ten immigrants. A former NFL football player. These are among the first 100 people who President-elect Donald Trump has named to various positions for his upcoming administration.
Senators will question Scott Bessent, Trump's choice for Treasury Secretary, and Doug Burgum, his pick for Interior Secretary.
Trump announced Stephen Miller as White House Deputy Chief of Staff for Policy, plus the additional role of homeland security adviser. Miller was a senior adviser to Trump during his first administration and one of the architects of some of his most controversial immigration policies, including his family separation program.