U.S. Treasury nominee Scott Bessent plans to say Thursday during his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age." According to prepared testimony given to The Associated Press,

The fund manager will face senators at a confirmation hearing on Thursday.

Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Wednesday vowed to ensure that the dollar remains the world's reserve currency as he laid out a vision for a "new economic golden age".

Economist Paul Krugman argues that voters who cast ballots for President-elect Trump’s “terrible” economic agenda are going to get “brutally scammed.” Krugman joined The New Republic’s “The Daily

Trump’s plan “to raise tariffs but cut taxes on high income” will batter working-class voters, Krugman told The New Republic’s Greg Sargent on “ The Daily Blast ” podcast. And the effect of Trump’s vow to deport millions of undocumented immigrants will have an even worse effect on the economy,

Economist Paul Krugman says Trump's tariffs, tax cuts, and deportations won't bring down grocery prices and will harm working-class Americans.