---SNIP--- "As Treasury Secretary, I’m committed to eliminating income taxes, replacing them with a fair consumption tax, and adopting a gold-backed currency," Bessent said in a Monday post on X following his confirmation. "We’ll erase debt, restore financial privacy, and unlock new technologies for a prosperous future. The golden age starts now." The hedge fund billionaire sailed through his confirmation with bipartisan support, similar to DHS Secretary Kristi Noem and Secretary of State Marco Rubio.