Financial Services Forum

01/27/2025 | Press release | Archived content

Financial Services Forum Congratulates Scott Bessent on his Confirmation as Treasury Secretary

CONTACT: Laura Peavey

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Financial Services Forum Congratulates Scott Bessent on his Confirmation as Treasury Secretary

Washington, D.C. - Financial Services Forum President and CEO Kevin Fromer issued the following statement today after the Senate confirmed Scott Bessent as Treasury Secretary:

"The Forum congratulates Scott Bessent on his confirmation as the 79th Secretary of the Treasury. The Treasury's important mission and responsibilities will be well served by Mr. Bessent's extensive experience and distinguished career. The Forum commends President Trump for his decision to nominate Mr. Bessent for this critical position. Forum members-America's largest and most diversified financial institutions-play a critical role in supporting economic growth and financial stability. The Forum looks forward to working with the Treasury Secretary and his team to promote policies that bolster opportunities and prosperity for all Americans."

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The Financial Services Forum is an economic policy and advocacy organization whose members are the eight largest and most diversified financial institutions headquartered in the United States. Forum member institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities throughout the country. The Forum promotes policies that support savings and investment, financial inclusion, deep and liquid capital markets, a competitive global marketplace, and a sound financial system.

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Financial Services Forum published this content on January 27, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 22, 2026 at 10:13 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]