Scott Beesen wins the Senate as Minister of Treasury

The US Senate voted on Monday to confirm Scott Beesen as Minister of Treasury in the administration of President Donald Trump.

Senate 68-29 voted to confirm the veteran in Wall Street, where 16 democratics joined all Republicans to choose Bessent for this position. The Minister of Treasury will be 79.

Bessent, founder of the Key Square group, will play a major role in helping Trump to the age of his economic agenda, including an insightful look at the tax policy.

It is emphasized that the United States government is wrestling with its debts and impotence. The federal government has spent more than 711 billion dollars more than it was raised in the fiscal year 2025, according to the Treasury Department Financial data A website. Meanwhile, the national debt was swollen to More than 36.2 trillion dollars.

The next treasury was supported Graduate definitionsWhich will return to the spotlight where President Trump threatens the fees on products from Chinaand Canada and Mexico. On Sunday, Trump said in a post on social media that he would be imposed 25 % tariff On the goods coming to the United States of Colombia.

There is another focal point for BESSENT, which is the tax cuts law and jobs – tax reform that came into effect in 2018. The provisions contained in the Tax Law will be expired at the end of 2025, and Congress will be required to act in order to extend these breaks.

When Pesin spoke to the Senate Finance Committee Earlier this monthHe repeated his support to extend TCJA and refused to say that he would be ready to raise taxes on the highest owners of the country.