What will be the financial markets' reaction to Scott Bessent's confirmation as Treasury Secretary?
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Stock market indices and financial news analysis
Senate Votes 67-23 to Break Filibuster on Scott Bessent's Treasury Secretary Nomination; Confirmation Vote Likely Monday
Jan 25, 2025, 05:21 PM
The U.S. Senate is currently conducting a roll call vote to end debate on the confirmation of Scott Bessent as Secretary of the Treasury. Bessent, nominated by President Trump, is set to become the fifth Cabinet secretary confirmed in the Trump administration. Support for Bessent's nomination appears strong, with indications that the Senate has sufficient votes to overcome a filibuster, which was confirmed with a vote of 67-23. A final confirmation vote is expected to take place on Monday.
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