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What will be the major focus of Scott Bessent's first policy as Treasury Secretary by June 30, 2025?
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Resolution / Starting Odds
Supply chain security • 25%
Sanctions strategy • 25%
Investment incentives • 25%
Other • 25%
Official announcement from the U.S. Treasury Department or major news outlets
Story
Trump's Treasury Nominee Scott Bessent Vows 'Economic Golden Age' at Senate Hearing
Jan 16, 2025, 04:13 PM
Scott Bessent, President-elect Donald Trump's nominee for Treasury Secretary, has promised to usher in a 'new economic golden age' for the United States. During his Senate confirmation hearing, Bessent highlighted the importance of securing supply chains, deploying sanctions strategically, and ensuring the U.S. dollar remains the world's reserve currency. He emphasized the need to prioritize productive investment over wasteful spending to drive economic growth. Bessent also expressed his commitment to extending the 2017 Tax Cuts and Jobs Act, warning of an economic calamity if the tax cuts are not renewed, which would result in a significant tax increase for the middle class. His confirmation hearing comes as part of Trump's broader economic vision to stimulate growth, reduce federal spending, and support American workers.
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Deregulation • 25%
Other economic policies • 25%
Cryptocurrency adoption • 25%
Tax cuts • 25%
Sanctions on Russia • 25%
Other policy focus • 25%
Financial regulation changes • 25%
Tax reform proposal • 25%
Financial Deregulation • 25%
Tax Reform • 25%
Cryptocurrency Regulation • 25%
Trade Policy • 25%
Trade policy realignment • 25%
Tax reform • 25%
Other • 25%
Cryptocurrency regulation • 25%
Tax Cuts • 25%
Tariffs • 25%
Sanctions • 25%
Other • 25%
Reducing federal debt • 25%
Reining in budget deficit • 25%
Strategic tariffs • 25%
Implementing tax cuts • 25%
Financial Regulation • 25%
Debt Management • 25%
Other • 25%
Tax Reform • 25%
Tax cuts for manufacturers • 25%
No major changes • 25%
New tariffs introduced • 25%
Increased sanctions • 25%
Withdrawn • 25%
Delayed • 25%
Confirmed • 25%
Rejected • 25%
Sanctions deployment • 25%
Productive investments • 25%
Tax policy changes • 25%
Supply chain security • 25%
Becomes contentious • 25%
Strengthens • 25%
Remains the same • 25%
Weakens • 25%
Economic recovery • 25%
Financial regulation • 25%
Other • 25%
Trade policy • 25%