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00:24
U.S. Senate confirms hedge fund manager Scott Bessent as Treasury Secretary
STORY: U.S. Senate confirms hedge fund manager Scott Bessent as Treasury Secretary
SHOOTING TIME: Jan. 27, 2025
DATELINE: Jan. 28, 2025
LENGTH: 00:00:24
LOCATION: Washington D.C.
CATEGORY: POLITICS
SHOTLIST:
1. various of U.S. Senate voting on the confirmation
STORYLINE:
The U.S. Senate on Monday confirmed hedge fund manager Scott Bessent as Treasury Secretary, positioning him to lead the new administration's economic policies, including tariffs, tax cuts and deregulation.
The upper chamber approved the nomination by a vote of 68 to 29.
Born in Conway, South Carolina, Bessent is the founder and CEO of Key Square Group, a global macro investment firm. He previously stated that, if confirmed, he would resign from the firm and divest his assets to prevent any conflicts of interest.
Xinhua News Agency correspondents reporting from Washington D.C.
(XHTV)
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