President-elect Donald Trump's Cabinet nominees Scott Bessent, Doug Burgum, Lee Zeldin and Scott Turner will sit for Senate confirmation hearings Thursday.
In a new memo obtained by NBC News, Senate Finance Democratic tax staff found that Scott Bessent avoided over $950,000 of self-employment taxes.
While reactions largely fall within partisan lines, both parties appear poised to work with new HUD leadership to tackle housing challenges.
Senate hearings are scheduled this week for several of Trump’s picks for the Cabinet. Thursday's hearings include Doug Burgum, Scott Turner, Lee Zeldin, Pam Bondi and Scott Bessent. Watch live.
President-elect Donald Trump's picks for the Treasury, Housing and Urban Development and Interior departments, along with the Environmental Protection Agency, went before lawmakers on Thursday. Among them included former presidential candidate Doug Burgum and billionaire Trump donor Scott Bessent.
Lawmakers on Capitol Hill are set to question Scott Bessent’s stance on taxes, tariffs, trade and other issues during his confirmation hearing before the Senate Finance Committee.
Committees will hear from nominees hoping to lead the Treasury, Interior Housing and Urban Development departments and the Environmental Protection Agency.
Latest news and live updates as the Trump administration prepares for office next week. Follow live as Senate confirmation hearings continue for attorney general pick Pam Bondi.
The incoming president and his Republican allies are beginning to plot out major changes to federal taxes and spending as they prepare to take control of Washington.
Senate confirmation hearings for the Trump cabinet continue on Thursday. They will include Doug Burgum for interior secretary, Scott Turner for housing secretary and Lee Zeldin for Environmental Protection Agency administrator at 10 a.m. Eastern, and Scott Bessent for Treasury secretary at 10:30 a.m.
Biden calls for constitutional amendment ending presidential immunity - President Joe Biden warned ‘oligarchy is taking shape in America’ during his final address from the Oval Office
As for age, Trump's first 100 administration members represent a near-perfect bell curve. The youngest is Taylor Budowich — deputy chief of staff for communications and personnel — at 27 years old, and the oldest is Keith Kellogg — special envoy for Ukraine and Russia — at 80 years old.