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Trump, Russia and Fed
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
Trump Treasury pick Bessent backs Fed independence, dollar, sanctions on Russian oil
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the world's reserve currency, the Federal Reserve should stay independent, and that he is ready to impose tougher sanctions on Russia's oil sector.
Trump's treasury secretary pick says more Russia sanctions possible
US President-elect Donald Trump's pick for treasury secretary, Scott Bessent, took part in a confirmation hearing with lawmakers on Thursday. He said additional sanctions on Russia could be imposed to help end the war in Ukraine.
8d
on MSN
Russia's elites say they are tired of waiting for the war to end: report
High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...
1d
Trump Treasury pick Bessent backs US Fed independence, dollar, sanctions on Russian oil
Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.
10h
on MSN
World economy steady, IMF says
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.
22h
on MSN
5 things the nominee for Treasury Secretary signaled about what markets can expect in a 2nd Trump term
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...
The Columbian
5h
How Biden’s domestic policy record stacks up against public perception
Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant ...
19h
on MSN
As Presidend Biden warns of an 'oligarchy,' Donald Trump will be flanked by tech billionaires at his inauguration
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald ...
21h
on MSN
Global shares rise along with dollar, bond yields turn higher
MSCI's global equities index rose on Friday while U.S. Treasury yields turned higher with the dollar as upbeat economic data ...
13h
Across Africa, Russia is growing in influence. What might Moscow want?
Reliance on Russia’s military offerings has become increasingly prevalent in parts of Africa, amid an aggressive push by ...
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