Home » Trump’s treasury nominee turns tables on Sanders in testy exchange about Biden’s ‘oligarchy’ comments

Trump’s treasury nominee turns tables on Sanders in testy exchange about Biden’s ‘oligarchy’ comments

Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, went head to head with Sen. Bernie Sanders, I-Vt., over whether the U.S. is headed toward an oligarchy.

ScottBessent,President-electTrump’snomineetoleadtheTreasuryDepartment,sparredwithSen.BernieSanders,I-Vt.,overwhethertheU.S.isheadingtowardanoligarchy.  OnWednesday,PresidentBidensaidinhisfarewelladdressthat“anoligarchyistakingshapeinAmericaofextremewealth,powerandinfluencethatliterallythreatensourentiredemocracy,ourbasicrights,freedomsandafairshotforeveryonetogetahead.” Inresponse,SanderssaidheagreedwithBidenandspecificallycalledouttechgiantsElonMusk,JeffBezosandMarkZuckerbergduringBessent’sconfirmationhearingThursdaybeforetheSenateFinanceCommittee.  “Thethreebillionairesyoulistedallmadetheirmoneythemselves,”Bessentsaid.“Mr.Muskcametothecountryasanimmigrant.” GETTOKNOWDONALDTRUMP’SCABINET:WHOHASTHEPRESIDENT-ELECTPICKEDSOFAR? SanderscutBessentoffandreiteratedhisquestion.