Thursday, March 12, 2026

Senate tees up remaining vote on Bessent nomination to guide Treasury

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The Senate on Saturday voted to advance Scott Bessent’s nomination to develop into the subsequent secretary of the Treasury, placing him in line to be confirmed on Monday. 

Senators voted 67-23 to tee up remaining passage on Bessent’s nomination. The ultimate vote will happen Monday night at 5:30 p.m.

Bessent beforehand superior out of the Senate Finance Committee on a 16-11 vote. Sens. Mark Warner (D-Va.) and Maggie Hassan (D-N.H.) had been the lone Democrats to cross social gathering strains on the committee tally. 

If Bessent is confirmed, he could be the primary brazenly homosexual Cupboard official in a Republican administration to be accredited by the higher chamber. 

The billionaire hedge fund supervisor and investor is broadly anticipated to play a key function within the push by President Trump and Senate Republicans to increase the tax cuts enacted throughout Trump’s first time period and to implement tariffs.

He may also be seemed to as Trump and Congress work to extend the debt ceiling and fund the federal government arising within the coming weeks and months. 

Bessent’s cloture vote got here throughout a uncommon weekend session, instantly senators confirmed Kristi Noem to guide the Division of Homeland Safety with bipartisan help. 

Following Bessent’s anticipated affirmation on Monday, the Senate will flip its consideration to confirming former Rep. Sean Duffy (R-Wis.) to develop into secretary of Transportation.

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