The founder and CEO of Key Square Group LP, Scott Bessent, was a nominated by the United States elected President Donald Trump at the Senate Financial Committee on Thursday, January 16, 2025 at the Senate Financial Committee on Thursday, January 16, 2025.
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The U.S. Senate voted on Monday and passed Scott Bessent, the Minister of Finance of the President of Donald Trump.
The Senate confirmed the veterans of Wall Street with a vote of 68-29. 16 Democrats joined all Republicans and chose Best of the position. He will be the 79th Minister of Finance.
The founder of Key Square Group, Bessent, will play a key role to help Trump formulate his economic agenda, including insight into tax policies.
He was recognized as the US government’s debt and deficit. According to the US Department of Finance Financial data website. At the same time, national debt has been angry More than 36.2 trillion US dollarsEssence
Support of the Treasury Minister who is about to take office DutyAs President Trump threatens to tax the product, this will become the focus China,,,,, Canada and MexicoEssence Trump said in a social media post on Sunday that he would strengthen 25 % tariff Products about entering the United States from Colombia.
Another focus on the “tax reduction and employment law” -The taxation of taxation in 2018. A large number of provisions in the tax law will expire at the end of 2025, and require Congress to take action to extend the rest time.
When BESSENT speaks in front of the Senate Finance Committee Early this monthHe reiterated his support for expanding TCJA and refused to say that he was willing to tax on the highest income from the country.
