Taxes and tariffs took center stage Thursday at the Senate Finance Committee’s confirmation hearing for President-elect Donald Trump’s intended Treasury secretary nominee, Scott Bessent.
Bessent said passing a new tax bill is a huge economic concern for the country, including for working- and middle-class families. “This is pass-fail,” Bessent told the committee, highlighting ...
"If confirmed, I will come back to you with a plan for upping collections," Bessent replied. That prompted Wyden to follow up by asking, "On wealthy tax cheats?" "You seem to believe that the ...