Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on Trump’s domestic and economic agenda, which will dominate the debates on Capitol Hill this year.
None of the nominees before the Senate – Scott Bessent at Treasury, Doug Burgum at Interior and Lee Zeldin at the Environmental Protection Agency – appear to be in any danger of not winning confirmation.
Here are takeaways from today’s hearings:
Bessent says Trump tax cuts should be made permanent: The hedge fund manager tapped to lead the Treasury Department pitched Trump’s economic agenda as a way to “unleash a new economic golden age” that would “lift up all Americans.”
That agenda includes making the 2017 tax cuts permanent, he said.
Democrats push Bessent over who would pay for Trump’s proposed tariffs: Sen. Ron Wyden of Oregon, the top Democrat on the Finance Committee, questioned Bessent over who would bear the brunt of the cost of Trump’s proposed tariffs on foreign goods.
“I believe these tariffs — you can call it whatever you want, in trying, in terms of trying to gussy it up — they’re going to be paid for by our workers and small businesses,” Wyden said.
Bessent said that he disagreed. “The history of tariffs and tariff theory, optimal tariff theory, does not support what you’re saying,” he said. “Traditionally we see that the current, if we were to say, use a number that has been thrown around in the press of 10%. Then traditionally, the currency appreciates by 4%, so the 10% is not passed through.”
Burgum vows to follow the law and Constitution: Burgum told the Senate Energy and Natural Resources Committee he will “follow the law and follow the Constitution” if confirmed, when asked whether he would stand up to demands made by Trump.
Zeldin says he believes “climate change is real”: The former New York congressman who ran for governor in 2022 said he sees climate change as a threat, while he defended the incoming president’s position on the matter.