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Tue, January 21, 2025

Treasury nominee Scott Bessent clears key Senate hurdle on way to likely confirmation


Published on 2025-01-21 17:00:55 - MSN
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  • Treasury Secretary designee Scott Bessent's nomination advanced past a key Senate committee Tuesday, teeing up his likely confirmation with a full floor vote in the coming days. The Senate Finance Committee,

Scott Bessent, a prominent figure in the financial sector, has advanced towards a likely confirmation as the U.S. Treasury Secretary after clearing a significant Senate hurdle. His nomination was supported by a key Senate committee, reflecting bipartisan backing for his expertise in economic policy and international finance. Bessent, known for his tenure at major financial institutions and his advisory roles in previous administrations, is expected to focus on stabilizing the economy, managing national debt, and enhancing U.S. economic competitiveness globally. His confirmation would come at a critical time as the country navigates through economic recovery and international trade negotiations.

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[ https://www.msn.com/en-us/politics/government/treasury-nominee-scott-bessent-clears-key-senate-hurdle-on-way-to-likely-confirmation/ar-AA1xBGMf ]
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