Treasury Nominee to Assert Trump's 'Economic Golden Age' Plan at confirmation Hearing

Scott Bessent, who is nominated for Treasury Secretary, intends to express at his confirmation hearing that Trump will bring forth an "economic golden age." Bessent aims to emphasize the necessity of prolonging the 2017 tax cuts, cautioning against a "crushing $4 trillion tax increase" if the cuts are not extended. Senator Elizabeth Warren is anticipated to question Bessent regarding his tax payments and the tariff policies of the incoming president. Concerns are being raised about potential conflicts of interest among appointees within the wealthiest administration in history being assembled under Trump.