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.
Hosted on MSN2d
Russia's international reserves up to $609.5bn in 2024, but the NWF down by over a trillion rubles to RUB3.8 trillionRussia's international reserves were reported at $609.5bn as of January 3, a fall of $1.8bn from the previous week but up ...
Russia has spent most of its National Wealth Fund in the past few years, with liquid funds potentially being depleted in 2025 ...
Oil prices climbed about 2% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would ...
Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback