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News & Insights

NFTC Statement on Confirmation of Scott Bessent as Secretary of the Treasury

January 27, 2025


National Foreign Trade Council (NFTC) President Jake Colvin today issued a statement following the confirmation by the Senate of Scott Bessent as Secretary of the Treasury:

“We would like to offer Scott Bessent our congratulations on his confirmation as Secretary of the Treasury. This is a critical year for tax policy for the American business community as Congress considers extending TCJA and the Administration contemplates how best to address the possibility of discriminatory digital taxes abroad. We look forward to working with Secretary Bessent and his staff on these issues.”

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About the NFTC

The National Foreign Trade Council (NFTC) is the premier business association advancing trade and tax policies that support access to the global marketplace. Founded in 1914, NFTC promotes an open, rules-based global economy on behalf of a diverse membership of U.S.-based businesses.

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