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.