U.S. Senate Committee on Finance

11/23/2024 | Press release | Distributed by Public on 11/23/2024 15:02

Crapo Statement on Announcement of Intent to Nominate Scott Bessent to Head Treasury Department

November 23,2024

Crapo Statement on Announcement of Intent to Nominate Scott Bessent to Head Treasury Department

Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), the lead Republican of the Senate Finance Committee, which oversees the Treasury Department, issued the following statement after President-elect Donald Trump announced his intent to nominate Scott Bessent to serve as its Secretary:

"The Treasury Secretary is the key economic negotiator for the White House and one of the first nominations that the Senate confirms. Scott Bessent's extensive private sector experience and market knowledge make him well-positioned for the task, and I look forward to swiftly considering his nomination so that we can begin the important work before us."