Bessent Sails Through Confirmation Hearing, Signals Bank Regulation Overhaul

Also, Trump's unusual pick for FHFA likes Twitter fights; Turner seems poised to easily win HUD secretary post

Scott Bessent had a pretty easy time at his Senate Finance Committee nomination hearing where he argued strenuously for extending Donald Trump’s tax cuts, defended tariffs and committed to taking a tough approach to China. The billionaire hedge fund manager was well-prepared and calm under the pressure, parrying the Democratic attempts to highlight his …