Sen. Scott Statement on Confirmation of Scott Bessent

WASHINGTON — Today, U.S. Senator Tim Scott (R-S.C.), member of the Senate Finance Committee, issued the statement below following the confirmation of Scott Bessent to serve as U.S. Secretary of the Treasury:

“Scott Bessent’s confirmation is great news for the pockets of American taxpayers. He understands the cataclysmic repercussions the middle class will face if provisions of the 2017 Tax Cuts and Jobs Act expire. With his great success as an entrepreneur, he will help ensure all Americans have the necessary tools to reach financial freedom. I am excited to work with the President and Secretary Bessent to unleash economic opportunity for all Americans!”