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Bessent said Republicans must make the Trump tax cuts permanent, arguing Americans would face a “crushing” tax hike if they don’t.

Scott Bessent takes the stage

Treasury nominee Scott Bessent testified before the Senate Finance Committee this morning and went deeper into his views on Trump administration priorities, including tariffs, taxes and sanctions.

And in a sign of just how ready Republicans are to back President-elect Donald Trump’s Treasury pick, Senate Finance Committee Chair Mike Crapo (R-Idaho) said before even questioning Bessent that he intends to support his nomination.

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Presented by Pharmaceutical Reform Alliance

Americans know who to blame for rising drug prices: Big Pharma. A majority of Republicans, Democrats, & Independents all believe Big Pharma’s focus on profits keeps drug prices high. Let’s hold Big Pharma accountable – it’s an issue we’re united on.

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