16 sources·Politics

Scott Bessent Confirmed as U.S. Treasury Secretary Amidst Economic Challenges

The U.S. Senate confirmed Scott Bessent as Treasury Secretary, marking a historic first as the first openly gay individual to hold the position.

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

    Bessent's confirmation as treasury secretary is a significant moment, not only for his historical role as the first openly gay individual in the position but also because it reflects a critical strategy for navigating the complexities of tax reform and economic growth under a Trump administration.

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

    Boston HeraldBoston Herald·3M
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    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
    ·
    Leans Right
    This outlet slightly leans right.
  2. Scott Bessent wins Senate confirmation as Treasury secretary

    Scott Bessent's confirmation as Treasury Secretary marks a significant move towards implementing President Trump's economic policies, especially in the face of burgeoning national debt and ongoing debates over tax reform.

    Scott Bessent wins Senate confirmation as Treasury secretary

    CNBCCNBC·3M
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    This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
    ·
    Center
    This outlet is balanced or reflects centrist views.
  3. Bessent makes history at Treasury as highest-ranking LGBTQ official

    Bessent’s confirmation as Treasury secretary, marking a significant step for LGBTQ representation in a high-ranking position, might contrast sharply with the broader implications of Trump’s previous policies that have often marginalized the LGBTQ community.

    Bessent makes history at Treasury as highest-ranking LGBTQ official

    The HillThe Hill·3M
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    ·
    Center
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  4. Senate votes to confirm Scott Bessent as next Treasury Secretary

    Scott Bessent's confirmation as Secretary of the Treasury marks a notable moment in history, as he becomes the highest-ranking openly LGBTQ person in U.S. history, reflecting a progressive step forward amidst a backdrop of contentious economic policies.

    Senate votes to confirm Scott Bessent as next Treasury Secretary

    Straight Arrow NewsStraight Arrow News·3M
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  5. Senate confirms Scott Bessent as treasury secretary

    Bessent's confirmation as treasury secretary marks a significant moment, melding the interests of billionaires eager for regulatory relief with a populist agenda, while his approach to tax cuts and tariffs could either foster growth or lead to economic calamity.

    Senate confirms Scott Bessent as treasury secretary

    PBS NewsHourPBS NewsHour·3M
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    Leans Left
    This outlet slightly leans left.
  6. Senate confirms Scott Bessent as Treasury secretary

    The confirmation of Scott Bessent as Treasury secretary marks a significant moment not just for his credentials as an economic strategist but also for the representation of the LGBTQ+ community in high-ranking government positions.

    Senate confirms Scott Bessent as Treasury secretary

    World News GroupWorld News Group·3M
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    Leans Right
    This outlet slightly leans right.
  7. Senate Confirms Scott Bessent To Lead Treasury Department With Bipartisan Support

    The bipartisan support for Scott Bessent's nomination as Treasury Secretary underscores a shared belief in his qualifications and the potential for significant economic growth under his leadership.

    Senate Confirms Scott Bessent To Lead Treasury Department With Bipartisan Support

    Daily CallerDaily Caller·3M
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    Right
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  8. Senate confirms Trump's treasury pick

    Bessent's confirmation signals a strong momentum for Trump's Cabinet, as he ambitiously aims to reshape the financial landscape with a bold vision of erasing debt and embracing a new tax paradigm.

    Senate confirms Trump's treasury pick

    The BlazeThe Blaze·3M
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    Right
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  9. Senate Confirms Scott Bessent as Treasury Secretary

    Bessent's nomination symbolizes a striking embrace of billionaire influence in U.S. politics, raising concerns as Republicans appear poised to further enrich the wealthiest amid a growing economic divide.

    Senate Confirms Scott Bessent as Treasury Secretary

    Epoch TimesEpoch Times·3M
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  10. Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary

    Bessent's nomination as Treasury secretary reflects a bold move by the Trump administration to prioritize economic growth through tax relief and spending restraint, positioning him as a pivotal figure in navigating the nation's financial challenges.

    Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary

    New York PostNew York Post·3M
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    Leans Right
    This outlet slightly leans right.
  11. Scott Bessent confirmed by Senate to serve as Trump's treasury secretary

    Bessent's confirmation as treasury secretary marks a significant moment for the Trump administration, as he brings with him a vision for economic growth and a commitment to the core tenets of Republican fiscal policy.

    Scott Bessent confirmed by Senate to serve as Trump's treasury secretary

    Fox BusinessFox Business·3M
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    This source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.
    ·
    Leans Right
    This outlet slightly leans right.
  12. Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts

    Scott Bessent's confirmation as treasury secretary not only marks a historic moment for the LGBTQ+ community, but it also underscores the complex balancing act he must perform in addressing both the fiscal challenges and the populist demands of the Trump administration's economic agenda.

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

    Associated PressAssociated Press·3M
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  13. Senate confirms Scott Bessent as Trump's Treasury secretary

    Bessent's confirmation marks a pragmatic shift for Trump's treasury leadership, embracing a more conventional approach to economic strategy while facing significant pressure from progressives concerned about his tax and tariff policies.

    Senate confirms Scott Bessent as Trump's Treasury secretary

    USA TODAYUSA TODAY·3M
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    ·
    Center
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  1. Boston Herald
  2. CNBC
  3. The Hill
  4. Straight Arrow News
  5. PBS NewsHour
  6. World News Group
  7. Daily Caller
  8. The Blaze
  9. Epoch Times
  10. New York Post
  11. Fox Business
  12. Associated Press
  13. USA TODAY

Updated: Jan 27th, 2025, 11:03 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

The U.S. Senate confirmed Scott Bessent as Treasury Secretary in a bipartisan 68-29 vote. His responsibilities will include renewing tax cuts, managing tariffs, and addressing the national debt. Bessent, a former supporter of Democrats, now aligns with Trump's economic policy agenda. He has been scrutinized for unpaid tax liabilities but received support from some Democrats. A focus will be on extending the Tax Cuts and Jobs Act and managing a rising national debt of over $36 trillion. His appointment is significant as he becomes the first openly gay Cabinet member in a Republican administration.


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Scott Bessent Confirmed as U.S. Treasury Secretary Amidst Economic Challenges - Pano News