Senate slated to vote on South Carolina billionaire hedge fund executive to lead US Treasury
Fox News
Trump's Treasury secretary pick, Scott Bessent, says extending the 2017 Tax Cuts and Jobs Act is the 'single most important economic issue of the day'
Bessent recently appeared before the Senate Finance Committee for his confirmation hearing, where he called to extend the 2017 Tax Cuts and Jobs Act that Trump approved during his first term. Diana Stancy is a politics reporter with Fox News Digital covering the White House.
"This is the single most important economic issue of the day," Bessent, a hedge fund billionaire from South Carolina, told lawmakers.
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