On the recordJanuary 27, 2025
I rise today to urge my colleagues to vote in favor of the confirmation of Mr. Scott Bessent, who has been nominated to serve as Secretary of the Treasury. Over the weekend, the Senate voted with broad bipartisan support to advance Mr. Bessent's nomination. In fact, 15 of my Democrat colleagues joined Republicans in advancing Mr. Bessent's nomination. Despite Mr. Bessent's prolific experience and qualifications, which cannot be disputed, a few detractors frame their policy preferences-- and I emphasize ``policy preferences''--as if they are compliance issues with regard to his taxes. Let me be clear: Mr. Bessent followed all applicable law and met the Finance Committee's longstanding and rigorous diligence standard. The Finance Committee has the most rigorous standards for vetting nominees of any committee in this Congress, including looking at their past tax returns and having tax experts come in and evaluate their tax returns with us. His diligence matched that which has applied to nominees in previous administrations. Contrary to what you heard, he provided extensive supporting material for all of the attacks on him, including more than 3,000 pages' worth. And he and his staff spent countless hours with Republican and Democrat Senate Finance Committee members and staff going over all of these allegations and all of these claimed failures to pay taxes.…





