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Scott Bessent confirmed as treasury secretary, giving him a key role in extending Trump's tax cuts

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, poses for a photo with Cabinet picks, other nominees and appointments, at the National Gallery of Art in Washington, Saturday, Jan. 18, 2025. (AP Photo/Mark Schiefelbein)

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, poses for a photo with Cabinet picks, other nominees and appointments, at the National Gallery of Art in Washington, Saturday, Jan. 18, 2025. (AP Photo/Mark Schiefelbein)

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol in Washington, Thursday, Jan. 16, 2025. (AP Photo/Ben Curtis)

Scott Bessent, President-elect Donald Trump's choice to be Secretary of the Treasury, appears before the Senate Finance Committee for his confirmation hearing, at the Capitol in Washington, Thursday, Jan. 16, 2025. (AP Photo/Ben Curtis)