Representative of Andy Harris, R-MD. In the midst of Scott's approval of Bosentz and Congress with a strategy for reconciliation bill, Trump's tax cut is in charge.
Senate on Monday endorsed Scott Bosent as Treasury Secretary Following his nomination for the President Donald TrumpHuman
Bosun was confirmed by the Senate by a vote of 29-29. More than dozens of Democrats voted for the benefit of Basin, including SENS. Lida Blunt Rochester of Delaware, Cory Booker of New York, Chris Coons of Delaware, John Fetterman of Pennsylvania, Ruben Gallego of Arizona, Kirten Gillibrand of New York, Tim Kaine of Tim Kaine of Tim Kaine of New York. Virginia, Mark Kelly from Arizona, Maggie Hassan of New Hampshire, John Hiklopper of Colorado, Gary Peters from Michigan, Eliza Slatkin of Michigan, Cynthia Shahin from New Hampshire and Mark Warner of Virginia.
Bosun, 62, is the founder and CEO of Key Square Group Macro Investment Company, who has said that if approved, it will be lost Treasury MinisterThe company is focused on large investment, a strategy that uses geopolitical and macroeconomic information to guide its approach to invest in different markets.
He has served as the main adviser to the economic policy and investment for the Trump campaign. Basin is a defender of economic policies such as low taxes, limited costs, and deregulation that has long been the core of the Republican Party's platform, as well as supporting Trump's use of tariffs in trade negotiations.
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The Senate voted for the founder of the Scott Billionaire Billionaire Fund as Trump's Treasury Secretary. (Chen Mangtong/Service News/VCG through Getty Images/Getty Images)
Bosun said during his confirmation sessions that the expansion of Trump's tax cut is “single” The most important economic issue From the day, “alerting the failure to do so leads to a” giant “tax increase for middle -class Americans due to the expiration of low tax brackets and a larger standard deduction that is claimed by most taxpayers.
“If we are not renewed, we will face an economic calamity,” Bosun said. “And, as always, with financial instability, which falls into the middle class and the worker.”
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“President Trump has a generational opportunity to boost the new golden economic age that will create more jobs, wealth and prosperity for all Americans,” Bosun said in his initial remarks.
“We need to guarantee the supply chains that are vulnerable to strategic competitors, and we must carefully deploy sanctions as part of a government approach to meet our national security needs,” Basin added. “And critically – critically – we need to make sure that the US dollar is the world's reserve currency.”
The Senate's Treasury Committee had previously predicted the BESS nomination in the vote of the two parties. (Tom Williams / CQ-Roll Call, Inc through Getty Images / Getty Images)
Senate's Finance Committee progressed Nomination To the Senate with a vote of two parties 16 to 11 on January 21, the day after Trump's inauguration. San Mark Warner, D-VA. , And Maggie Hassan, dn.h. There were Democratic senators who joined all their Republican colleagues to vote to advance their candidacy.
During the presidential election campaign, Basin said what he called “3-3-3″ stated that the idea of ”three flashes” was modeled on the late Japanese Prime Minister.
To determine the goal of achieving 3 % real economic growth, Bosun argued and is increasing by reducing the budget deficit to 3 % of GDP (GDP) by 2028. US energy production To the equivalent of 3 million barrels of oil per day.
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Scott Bosent, founder and chief executive of Key Square Group LP, during an interview in Washington, DC, the United States, Friday, June 7224. (Stephanie Reynolds / Bloomberg via Getty Images / Getty Images)
The role of the Treasury Minister is of great importance for the implementation of the president's economic program.
Treasury secretaries often conduct talks with Congress on tax and cost affairs. They also play an important role in dealing with foreign governments and financial institutions, as well as handling the Treasury and Sub -Supply Operations Internal Income Services (IRS)Human
In the first term of Trump as President, Steven Manuchin served as the Treasury Secretary after the Senate's approval with a vote of 47-47 a few weeks later. Day of inaugurationHuman
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Manuchin served as a key Congress negotiator In the range of debt, tax and cost policies as well as COVID rescue packages approved in 2020 after the beginning of the epidemic.
Diana Stancy Fox News Digital has been involved in this report.