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    HomeNewsOpinionDonald Trump’s Treasury pick says unwinding tax cuts would spark ‘economic calamity’

    Donald Trump’s Treasury pick says unwinding tax cuts would spark ‘economic calamity’

    Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oil

    ©The Financial Times Limited 2020 Jan 17, 2025 / 01:17 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    US equities have risen since Trump won the November 5 election, while Wall Street has embraced his agenda
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