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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.
9d
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 ...
2d
Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
Inquirer on MSN
5d
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 ...
3d
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.
4h
Donald Trump has sweeping plans for a second administration. Here’s what he’s proposed
WASHINGTON (AP) — Donald Trump has promised sweeping actions in his second administration. The president-elect has outlined a ...
4h
on MSN
Getting Ready for Trump 2.0: Don’s Aggressive Stance on Global, Domestic & Economic Uncertainty
Ever since losing to Joe Biden in 2020, Trump has run a relentless campaign suggesting he plans a more organized version of his first term. His priorities remain the same: cutting taxes to boost the ...
6h
Advancements in quantum computing could undermine Trump's crypto plans
Developments in quantum computing highlight the risk to financial institutions and national security if new encryption ...
1d
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.
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