Scott Bessent believes federal minimum wage should not be increased
Read more at NBC News
Topics
-
Trump Treasury secretary nominee won’t support raising minimum wage
Scott Bessent, President-elect Trump’s Treasury secretary nominee, said Thursday that he would not support raising the minimum wage. Bessent, if confirmed, would not have the authority to raise ...The Hill - 1h -
Trump Treasury Pick Scott Bessent to Face Grilling
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - 2h -
What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.The New York Times - 10h -
Bessent says US should increase sanctions on Russian oil companies
Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regimeFinancial Times - 6h -
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...The Hill - 6h -
Watch live: Treasury hopeful Scott Bessent testifies at Senate confirmation hearing
Billionaire investor Scott Bessent, President-Trump's pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation hearing, ...The Hill - 8h -
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.The New York Times - 5d -
Park City Strike Ends With Increase in Wages for Ski Patrollers
The nearly two-week strike hobbled the largest U.S. ski resort during a busy holiday period and sparked online fury about deepening economic inequality in rural mountain areas.The New York Times - Jan. 9 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6
More from NBC News
-
Merrick Garland rebukes 'unfounded attacks' on Justice Department officials in farewell speech
In a farewell speech to Justice Department staffers, outgoing Attorney General Merrick Garland on Thursday appeared to rebuke attacks from President-elect Donald Trump and his allies who have ...NBC News - 2h -
Trump's picks are grilled on climate, tariffs and inflation in third day of hearings
The Senate Judiciary Committee will hold Day 2 of the confirmation hearing for Pam Bondi's expected nomination for attorney general.NBC News - 11h -
Biden to defer TikTok law implementation to Trump administration
NBC News Anchor Savannah Sellers joins Meet the Press NOW with reporting that the Biden administration will not plan to levy fines against companies that allow access to TikTok in the U.S. during ...NBC News - 1h -
Biden has not ‘flip-flopped’ on TikTok ban he signed into law, says Democratic congressman
Rep. Raja Krishnamoorthi (D-Ill.), Ranking Member of the House Select Committee on the Chinese Communist Party, reacts to the Biden administration’s decision to shift implementation of the TikTok ...NBC News - 1h -
Padilla asks Burgum if disaster relief should come 'with or without conditions'
Sen. Alex Padilla, D-Calif., questioned Doug Burgum about requests from states for federal disaster relief and if providing that relief should come "with or without conditions."NBC News - 6h
More in Politics
-
'One of the greatest tragedies of American politics': Biden ends 5 decades in public life
President Joe Biden leaves behind a complicated legacy of legislative wins, economic gains and fractured relationships and grievances within his own party.NBC News - 8m -
Biden calls on troops to 'remember your oath' in final remarks to military
President Biden on Thursday continued his farewell tour of Washington, D.C., with wide-ranging final remarks to U.S. service members, touting his defense record while praising the military and ...The Hill - 33m -
What the TikTok ban means for you
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story What to expect if TikTok ban takes effect As a potential TikTok ban looms, millions of U.S. users are ...The Hill - 42m -
Democratic senator on Biden's farewell plea: 'Now he tells us'
Sen. Sheldon Whitehouse (D-R.I.) said statements in President Biden’s farewell speech came much too late in a Thursday statement, raising question with the commander-in-chief's parting remarks. ...The Hill - 1h -
American Express to pay $230M to settle deceptive marketing, fraud probe
American Express has agreed to pay $230 million to settle a federal probe into deceptive marketing practices and civil fraud allegations, the Department of Justice (DOJ) announced Thursday. Under ...The Hill - 1h