Trump’s Treasury nominee Scott Bessent faces his Senate confirmation hearing. Here are 5 things to watch. - MarketWatch
1. Bessent's confirmation hearing begins, focusing on tariffs and tax proposals. 2. Bessent supports phased tariffs, countering inflation concerns from Trump's proposals. 3. Major shifts in Treasury issuance expected under Bessent's leadership. 4. Bessent aims for 3% GDP growth via tax cuts and deregulation. 5. Questions on Fannie Mae and Freddie Mac's future anticipated during hearing.