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Trump, Russia and Fed
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 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'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.
2d
on MSN
Oil rises on US crude draw, Russia sanctions; Gaza ceasefire deal caps gains
Oil prices rose more than 2 per cent on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...
Inquirer on MSN
4d
Stock markets mostly fall as traders trim US rate cut bets
Global markets mostly retreated on Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally ...
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.
11h
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.
14h
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 ...
23h
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 ...
1d
on MSN
As Biden warns of an ‘oligarchy,’ Trump will be flanked by tech billionaires at his inauguration
Biden’s use of the word “oligarchy” was no accident — it’s a direct reference to the form of government in Russia, whose ...
TASS
1d
FSB nabs Sevastopol resident gathering data for Ukraine’s military intelligence
This information was intended to be used by the Ukrainian military to deliver strikes at Russian military facilities, the press office said ...
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