Treasury secretary nominee Scott Bessent turned the tables on independent Vermont Sen. Bernie Sanders at his Thursday confirmation hearing by pointing out that President Joe Biden awarded “oligarchs” with the highest honor.
Sanders cited President Joe Biden’s statement made in his Wednesday farewell address that “an oligarchy is taking shape in America of extreme wealth, power and influence,” and questioned the nominee on whether he agrees that tech moguls Elon Musk, Mark Zuckerberg and Jeff Bezos have overarching influence on the country. Bessent cited that Biden recently awarded the Presidential Medal of Freedom to Democratic mega donor George Soros and The Carlyle Group co-chairman David Rubenstein, who he referred to as the president’s “oligarchs.”
“When you have a small number of multi-billionaires who have enormous economic, media and political power, would…
