Today, more of President-elect Donald Trump's picks for key cabinet positions faced questions from senators on Capitol Hill in another mammoth day of confirmation hearings.

Our Lisa Desjadhan has been covering these all, and she joins me now with the latest.

Another busy day, Lisa.

Yes.

Let's start with the nominee for Treasury Secretary. What do we need to know about him and how he sees the office?

Scott Besson is actually someone who's very well known in high finance, famous even,

and he has a distinct resume.

So let's talk about it.

He used to work as a top executive for George Soros.

He was a Democrat at times.

He's a hedge fund founder, but he has more recently been a Donald Trump mega donor. He is openly gay, Omna, and that's a Democrat at times. He's a hedge fund founder, but he has more recently been a Donald Trump mega donor.

He is openly gay, Omna, and that would be historic because if confirmed, he would be the

first Republican cabinet secretary to be confirmed by the U.S. Senate.

Now, a major focus in this hearing was, of course, taxes, which he would oversee tax policy.

And the 2017 tax

cuts by Donald Trump, which would end at the end of this year, tax rates would go up for

most of us and for businesses as well. He said that this would be cataclysmic for the economy,

but Democrats say tax cuts should only be kept in place for those making under $400,000.

Otherwise, they say it's a giveaway to the wealthy.

He disagrees, as you can hear in this exchange.

Do you agree that ending the tax cuts for those making more than $400,000 would help close the deficit and reduce our national debt?

Senator Warner, I do not.

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