Finance Committee Advances Treasury Secretary Nominee

Washington, D.C.--The Senate Finance Committee today advanced the nomination of Scott Bessent to serve as U.S. Treasury Secretary by a bipartisan vote of 16-11.  Following the vote, Chairman Mike Crapo (R-Idaho) issued the following statement:

“When it comes to Mr. Bessent’s qualifications, there’s no room for debate—his decades of academic, professional and leadership experience make him tailor made for the role of Treasury Secretary.  I am confident he will provide the necessary leadership to help restore economic prosperity and opportunity in the United States, and I look forward to his nomination being considered by the full Senate.”

Mr. Bessent was reported out of the committee by a bipartisan vote of 16 to 11.  An executive summary can be found here.

Chairman Crapo’s full statement at the nomination hearing can be read here, and his statement at the executive session can be found here.

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