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Russia, Scott Bessent and Federal Reserve System
Bessent calls for stronger Russia sanctions at treasury confirmation hearing
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 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.
US Treasury nominee backs Fed independence, dollar, Russia sanctions
U.S. President-elect Donald Trump's nominee for Treasury secretary said on Thursday that the dollar should continue to be the world's
Hosted on MSN
1d
Russia's international reserves up to $609.5bn in 2024, but the NWF down by over a trillion rubles to RUB3.8 trillion
Russia's international reserves were reported at $609.5bn as of January 3, a fall of $1.8bn from the previous week but up ...
Jane's Information Group
4d
Russia likely to deplete financial reserves by 2030 at present rate of government expenditure
Government spending increases have outstripped receipts, thus pushing the
federal
budget into deficit ... measures freezing around half of
Russia
's foreign
reserves
, thus limiting the state's ...
3d
Kremlin says EU sanctions on Russian aluminium would risk destabilising a 'fragile' global market
The Kremlin said on Wednesday that European Union sanctions on imports of Russian primary aluminium would risk destabilising ...
2d
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 ...
3d
on MSN
Russia is on pace to run out of financial reserves by this fall, which would cripple war efforts, economist says
Russia has spent most of its National Wealth Fund in the past few years, with liquid funds potentially being depleted in 2025 ...
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