WASHINGTON – U.S. Senator Chris Coons (D-Del.) released the following statement announcing that he would vote to confirm Scott Bessent as the next Secretary of the U.S. Department of the Treasury:

“I support Mr. Bessent’s nomination to lead the Department of the Treasury because of his decades of experience in the financial sector and his conviction that American strength is built on a stable, innovative, and growing economy. While I disagree with many of his policy positions, particularly his support for extending tax cuts for the wealthy and President Trump’s tariff threats, I hope that he will focus the Treasury Department on bringing down costs for middle-class Americans. I am particularly encouraged by his commitment to continue U.S. investment in international financial institutions, which are essential tools for advancing global prosperity and demonstrating U.S. leadership.”