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.
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.
President-elect Donald Trump is a week and a half away from inheriting a strong economy from President Joe Biden. Yahoo ...
Inquirer on MSN4d
Stock markets mostly fall as traders trim US rate cut betsGlobal markets mostly retreated on Monday after traders trimmed bets on US Federal Reserve rate cuts and oil extended a rally ...
Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.
2don MSN
Biden’s use of the word “oligarchy” was no accident — it’s a direct reference to the form of government in Russia, whose ...
Oil prices rose about 2% on Wednesday on a large draw in U.S. crude stockpiles and potential supply disruptions from new U.S.
The West has frozen $300 billion of Moscow’s assets, but Europe has stood in the way of using them.
15hon MSN
The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback