After the Senate voted 68-29 to confirm Scott Bessent as the next Treasury secretary, ICBA congratulated Bessent on his confirmation and said it looks forward to working with him to implement needed policy reforms.

Statement: In a national news release, ICBA President and CEO Rebeca Romero Rainey said it looks forward to working closely with Secretary Bessent, the Trump administration, and the 119th Congress to help community banks meet the needs of local communities.

Background: During his nomination hearing, Bessent called for regulatory policies that will allow community banks, small businesses, and local communities to lead the nation’s economic recovery.

More: Romero Rainey added ICBA’s “Repair, Reform, and Thrive” plan and open letter to the 119th Congress outline comprehensive policy reforms that address pressing policy challenges.