Democrats: Bessent avoided Medicare tax on hedge fund earnings
Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump’s pick for Treasury secretary ...
Senate Democrats circulating memo alleging Bessent tax dodges
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment ...
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Treasury Nominee Bessent Defends Trump Policies in Testimony; Promises to Press China to Resume Ag Purchases in Phase 1 Agreement
Treasury Secretary nominee Scott Bessent outlined a three-pronged approach to tariffs during his Senate testimony this week, ...
R&D tax credit — key for U.S. small businesses — gets support from Bessent
Washington last year failed to deliver revived tax breaks for businesses that have bipartisan support, including a key one ...
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
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GOP flirts with magical thinking on paying for Trump's tax cuts
Why it matters: The procedural and budgetary gambit will free Republicans from the burden of finding the $4 trillion in ...
Bessent talks about tax enforcement — carefully
During Scott Bessent's confirmation hearing Thursday, Sen. Ron Wyden, an Oregon Democrat, pressed President-elect Trump's nominee for Treasury secretary on what resources he would support for IRS ...
Trump's US Treasury Pick Says Question of Debt Limit Repeal Is 'Nuanced'
Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said the question of ...