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Scott Bessent, China and Tax Cuts
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.
Trump's US Treasury Pick Bessent Says Extending Tax Cuts a Top Priority
(Reuters) - Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is "the single most important economic issue of the day."
Treasury Pick Bessent Takes Aim at China, Tax Cuts in Hearing
Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its next-generation Switch in April.
2d
on MSN
Senate Democrats circulating memo alleging Bessent tax dodges
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment ...
1d
R&D tax credit — key for U.S. small businesses — gets support from Bessent
Washington last year failed to deliver revived tax breaks for businesses that have bipartisan support, including a key one ...
AgWeb
14h
Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
11h
on MSN
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
1d
Bessent talks about tax enforcement — carefully
During Scott Bessent's confirmation hearing Thursday, Sen. Ron Wyden, an Oregon Democrat, pressed President-elect Trump's nominee for Treasury secretary on what resources he would support for IRS ...
Axios on MSN
11h
GOP flirts with magical thinking on paying for Trump's tax cuts
Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...
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