Rep. Gomez Statement on Scott Bessent’s Confirmation as Trump’s Treasury Secretary
Washington,
January 27, 2025
WASHINGTON, D.C. – Today, Representative Jimmy Gomez (CA-34)—a member of the House Ways and Means Committee, which oversees tax and trade policy—released the following statement on the confirmation of Scott Bessent as President Donald Trump’s Treasury Secretary: “Scott Bessent’s confirmation shows exactly what Trump’s priorities are: new tax cuts for the ultra-wealthy, imposing reckless tariffs that hardworking Americans will pay for in higher prices for everyday goods, and rolling back commonsense regulations so billionaires like him can avoid paying their fair share while working families get scammed.” Scott Bessent, an ultra-wealthy Wall Street investor and Trump campaign megadonor, has reportedly avoided over $900,000 in Medicare taxes on income earned through his hedge fund, Key Square Group, over a three-year period. ### |