Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(118,215 posts)
Tue Jan 28, 2025, 02:30 PM Jan 28

Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts

WASHINGTON (AP) — The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to serve as President Donald Trump’s treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn’t jeopardize growth.

He was confirmed on a 68-to-29 vote, with 16 Democrats voting in favor of making him the nation’s 79th treasury secretary.

The South Carolina resident will be the first openly gay individual in the role, a historic first as Trump seeks novel ways to implement a policy agenda driven by both billionaire business leaders with concerns over regulations and a populist base that wants government leaders to fight for them.

Bessent, a past supporter of Democrats who once worked for George Soros, has become an enthusiastic supporter of Trump.

https://apnews.com/article/bessent-confirmed-treasury-secretary-2ca8eb1c882d094b032584adf1a95c48

Another supply side asshole.

Latest Discussions»General Discussion»Scott Bessent confirmed a...