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Scott Bessent wins US Senate approval as Treasury chief

28 January 2025
51342
2025-01-28 10:25

Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the forefront of implementing Donald Trump's economic agenda. Bessent, who cleared the confirmation vote by 68-29, has defended the Republican president's tax cutting and tariff proposals while urging efforts to secure supply chains and the dollar's global status.

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