The Washington Post2d
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
WASHINGTON — U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS ...
Reuters3d
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
"We will see a gigantic middle class tax increase." Bessent said that U.S. sanctions against Russia's oil sector have been too weak, partly because the Biden administration was too concerned ...
devdiscourse2d
Bessent's Bold Economic Blueprint: Sanctions, Tariffs, and Tax Reforms
Scott Bessent, nominated by President-elect Donald Trump for Treasury Secretary, advocates maintaining the dollar's status, tougher Russian sanctions, extending Trump's tax cuts, and Fed independence.