Trump Treasury Pick Bessent Backs Fed Independence, Dollar, Sanctions on Russian Oil
WASHINGTON (Reuters) -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.
High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...
The West has frozen $300 billion of Moscow’s assets, but Europe has stood in the way of using them.
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
President-elect Donald Trump is a week and a half away from inheriting a strong economy from President Joe Biden. Yahoo ...
Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.
Reliance on Russia’s military offerings has become increasingly prevalent in parts of Africa, amid an aggressive push by ...
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald ...
Bessent said he believed Trump's presidency would help "unleash a new economic golden age," which could include more jobs and ...
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