The stakes have never been higher, but with Bessent at the helm of the Trump economic team, a brighter future is within reach.
Ronald Reagan had his “ Miss Rosy Scenario ” and “ magic asterisks ” to make his deficit numbers seem better than they actually were. Every Republican president since has used (and abused) a famous napkin sketch to pretend that tax cuts always pay for themselves.
Nominee for U.S. Treasury secretary, Scott Bessent, is expected to declare during his confirmation that Trump will usher in "a new economic golden age."
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”
Scott Bessent's critic in Catherine Rampell is too pessimistic, while Bessent is arguably not optimistic enough.
President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars in additional tax cuts being championed by President-elect Donald Trump.
White House Press Secretary Karoline Leavitt tore into Bishop Mariann Edgar Budde over her sermon calling on President Trump to show 'mercy' and saying groups 'fear for their lives.'
House G.O.P. Floats Medicaid Cuts and More to Finance Trump’s Huge Agenda President Trump wants a massive tax cut and immigration crackdown bill. Republicans must decide what to cut to help pay ...
US Treasury Secretary Scott Bessent, and potentially the under-60 years of age Democrats. Congress, the Federal Reserve, the Treasury Department, and the President must approve BTC as a strategic ...