https://sputnikglobe.com/20250127/us-senate-confirms-scott-bessent-as-treasury-secretary-1121509084.html
US Senate Confirms Scott Bessent as Treasury Secretary
US Senate Confirms Scott Bessent as Treasury Secretary
Sputnik Worldwide
WASHINGTON (Sputnik) – The US Senate has supported the appointment of hedge fund supervisor Scott Bessent because the nation’s new Treasury Secretary, based on… 27.01.2025, Sputnik Worldwide
2025-01-27T23:20+0000
2025-01-27T23:20+0000
2025-01-28T03:40+0000
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In keeping with on-line vote depend, Bessent has already acquired greater than 60 out of 100 votes from senators, which gives him with the mandatory majority for affirmation. On the listening to on January 16, Bessent spoke in favor of tightening sanctions towards Russia, particularly within the oil sector, to stress Moscow to achieve a peace settlement on Ukraine. He additionally supported the introduction of restrictions on the availability of products from China. Bessent additionally mentioned that the US greenback ought to retain its standing because the world’s reserve foreign money, however warned of uncontrolled federal finances spending that would result in an financial disaster and a report tax enhance within the US by the tip of 2025.
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23:20 GMT 27.01.2025 (Up to date: 03:40 GMT 28.01.2025)
WASHINGTON (Sputnik) – The US Senate has supported the appointment of hedge fund supervisor Scott Bessent because the nation’s new Treasury Secretary, based on the vote depend.
In keeping with on-line vote depend, Bessent has already acquired greater than 60 out of 100 votes from senators, which gives him with the mandatory majority for affirmation.
On the listening to on January 16, Bessent spoke in favor of tightening sanctions towards Russia, particularly within the oil sector, to stress Moscow to achieve a peace settlement on Ukraine. He additionally supported the introduction of restrictions on the availability of products from China.
Trump’s 100% BRICS Tariff Pledge: May US Face a Backlash?
Bessent additionally mentioned that the US greenback ought to retain its standing because the world’s reserve foreign money, however warned of uncontrolled federal finances spending that would result in an financial disaster and a report tax enhance within the US by the tip of 2025.