Reported about 9 hours ago
Scott Bessent, nominated by President-elect Donald Trump to lead the Treasury Department, emphasized the importance of maintaining the U.S. dollar as the world's reserve currency while outlining plans for economic growth and stability. During his testimony before the Senate Finance Committee, Bessent stressed the need for productive investment, secure supply chains, and a permanent adoption of favorable tax provisions to avoid a potential $4 trillion tax increase. His vision aims at ushering in a new economic era for Americans through pro-growth policies.
Source: YAHOO