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January 29, 2025

Senate Confirms Billionaire Hedge Fund Manager Scott Bessent as Treasury Secretary
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On Monday, senators voted 68 to 29 to confirm billionaire hedge fund
manager Scott Bessent as U.S. Treasury secretary, with 16 Democrats
supporting the nomination. In a statement, Public Citizen called Bessent
"an oligarch who spent a career serving rich clients," adding, "By
ignoring climate change as a financial risk, Trump's Treasury Department
under Bessent is on a path that could devastate hard-working families."


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