U.S. House Financial Services Committee Chairman French Hill released a statement following Scott Bessent’s confirmation as the next U.S. Secretary of the Treasury. Hill congratulated Bessent and cited his private-sector experience and knowledge of U.S. markets and global finance. He said he expects to work with the new Treasury Secretary on priorities including reinvigorating the financial system, fostering innovation, and restoring prosperity, and linked the committee’s agenda to Congressional Republicans’ cooperation with the Trump Administration and a reversal of what he described as a decline during the Biden era.
U.S. Financial Services Committee 2025-01-27
U.S. House Financial Services Committee chair issues statement on Scott Bessent’s confirmation as Treasury Secretary
U.S. House Financial Services Committee Chairman French Hill congratulated Scott Bessent on his confirmation as U.S. Secretary of the Treasury, highlighting Bessent's private-sector experience. Hill expressed intentions to collaborate on priorities such as reinvigorating the financial system and fostering innovation, aligning the committee's agenda with Congressional Republicans and the Trump Administration.